Autumn Statement 23: A close look at what advisers must watch for

Chancellor Jeremy Hunt will address parliament later this morning

Hope Coumbe
clock • 5 min read

Chancellor Jeremy Hunt is poised to unveil his 2023 Autumn Statement today (22 November) on the back of continuing economic volatility and market uncertainty.

Advisers will have plenty to keep an eye on later this morning when Hunt lays down his plans to parliament in what will be his second Autumn Statement as chancellor. After a quiet Spring Budget earlier this year for the financial planning sector, a noticeably busier agenda is rumoured for today as the Conservative Party look to win favours with tax tinkering. With about £25bn of headroom to meet his fiscal targets, Kingswood chief economist Rupert Thompson said Hunt might be "able to pull some tax cuts out of the hat". Inheritance tax Likely top on the agenda in the advice wo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA admits there could have been better handling of name and shame proposals

FCA admits there could have been better handling of name and shame proposals

Update on proposals due next week

Sorin-Andrei Dojan
clock 13 November 2024 • 3 min read
Titan Wealth ex-employee faces trial over alleged harassment

Titan Wealth ex-employee faces trial over alleged harassment

Marian Okunola pleads not guilty to charges of harassment via emails

Sahar Nazir
clock 12 November 2024 • 1 min read
Campaign group calls on chancellor to address 'trust deficit' in financial services

Campaign group calls on chancellor to address 'trust deficit' in financial services

Ahead of Rachel Reeves’ Mansion House speech on 14 November

Isabel Baxter
clock 12 November 2024 • 3 min read