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

Canada Life UK reports group growth and completes individual protection sale

Canada Life UK reports group growth and completes individual protection sale

Recorded 4% sales growth

Cameron Roberts
clock 16 February 2026 • 2 min read
Over-50s bearing brunt of long-term worklessness

Over-50s bearing brunt of long-term worklessness

Department for Work and Pensions figures

Jaskeet Briah
clock 30 January 2026 • 3 min read
The COVER Review: Broker results, workplace health and PMI

The COVER Review: Broker results, workplace health and PMI

Week commencing 19 January 2026

COVER
clock 23 January 2026 • 1 min read