Political News
Hunt: UK already in recession
By Abigail Townsend
Date: Thursday 17 Nov 2022
(Sharecast News) - Chancellor Jeremy Hunt confirmed the UK was already in recession on Thursday, as he unveiled a £55bn package of higher taxes and spending cuts in his first autumn budget.
Citing "unprecedented global headwinds", Hunt said the Office for Budget Responsibility had confirmed the UK was in recession.
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
Article Archive
You are here: news
