Autumn Statement 2022: IFS analysis

19th November 2022

The new Chancellor Jeremy Hunt made his first major fiscal statement, the Autumn Statement, on Thursday 17th November. This comes against a backdrop of a gloomy - but uncertain - outlook for the economy as rising inflation squeezes household incomes despite substantial government support for energy bills, and much media coverage of possible future spending cuts and tax rises in an attempt to return public sector net debt to a falling path.

IFS researchers presented their initial analysis of the Chancellor's announcements on the public finances, spending on public services, and the tax and the benefit system the following day, Friday 18th November, at an online webinar.