Autumn Statement an illusionary bandaid that leaves savers wanting

‘It’s the top 20% of earners who will receive the most from Hunt’s tax cuts’

clock • 4 min read

After another year of the cost-of-living crisis, persistently high inflation and interest rates that do not know if they are coming, going (or indeed sticking), all eyes were on Jeremy Hunt last Wednesday as he gave his Autumn Statement, writes Karen Barrett

There were some commendable measures, but on the whole, I was left feeling a little cold. The array of tax cuts announced may sound good and look appealing in a newspaper headline, but will any of them actually do any good in the long-term? And will they go far enough? The answer is probably no. Now that the dust has settled, advisers and consumers alike should be questioning HM Treasury for such a conspicuous lack of measures that help real people build for their future. Here's why. National Insurance cuts are just a distraction National Insurance cuts are an easy win; a quic...

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