Autumn Statement: Are Taxes Really Getting Cut?

Published: Nov. 22, 2023, 8:37 p.m.

The Chancellor, Jeremy Hunt, announced \u2018the biggest tax cut in British history\u2019 for businesses and the \u2018largest ever tax cut for workers\u2019 in today\u2019s Autumn Statement.

But are these tax cuts all they seem? How come overall the tax burden will rise to the highest level since the Second World War? And did the Chancellor hint at a spring election?

Adam and Chris are joined by the BBC\u2019s economics editor Faisal Islam and the chief executive of the CBI Rain Newton-Smith to talk this all through.\n \nYou can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere\n \nToday's Newscast was presented by Adam Fleming. It was made by Jack Maclaren with Joe Wilkinson and Sam McLaren. The technical producer was Phil Bull. The senior news editors are Jonathan Aspinwall and Sam Bonham.