Autumn Statement 23: Chancellor Hunt promises 110 measures to grow UK economy

Reduce inflation and boost GDP growth

Valeria Martinez
clock • 2 min read

Chancellor Jeremy Hunt has promised 110 different measures to help grow the British economy and boost business investment by £20bn a year in his Autumn Statement, delivered in parliament today (22 November).

Hunt told MPs the measures include cutting business tax, attracting foreign investment, helping entrepreneurs raise money, boost productivity, reforming welfare and speeding up access to the electricity grid.  The chancellor said the Office for Budget Responsibility had estimated the combined impact of the measures will boost business investment, reduce inflation next year and grow GDP.  In his speech, he said that after a global pandemic and energy crisis the government has taken "difficult decisions" to get the economy back on track. Rather than a recession, "the economy has grown",...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

Government to create Workplace Health Intelligence Unit as part of Keep Britain Working Review

Government to create Workplace Health Intelligence Unit as part of Keep Britain Working Review

Making workplace health performance visible

Jaskeet Briah
clock 06 July 2026 • 2 min read
Unum UK adds personalised cancer navigation service

Unum UK adds personalised cancer navigation service

Partnership with Reframe Cancer

Jaskeet Briah
clock 03 July 2026 • 2 min read
Canada Life appoints group protection head of distribution

Canada Life appoints group protection head of distribution

Antonio Ribeiro takes the role

Cameron Roberts
clock 01 July 2026 • 1 min read