Skip to content
Wealth
City of London

Autumn Statement: What It Means for Your Money

UK Chancellor Jeremy Hunt stamped all over even the faintest hint of  lower taxes.

Jeremy Hunt delivers his Autumn Statement to Parliament on Nov. 17.

Jeremy Hunt delivers his Autumn Statement to Parliament on Nov. 17.

Photographer: Jessica Taylor/UK Parliament

By

Every weekday, John Stepek publishes the Money Distilled newsletter, in which he looks at the biggest developments in the world of markets and economics, and explains exactly what it all means for your money. Sign up here for free.

Less than two months ago, under former Chancellor Kwasi Kwarteng, the government was planning to put more pounds into almost everyone’s pockets, with the top rate of income tax scrapped and the bottom rate cut.