British Treasury Secretary Jeremy Hunt announced plans to collect 24 billion pounds and reduce the support of energy bills, in addition to spending discounts of about 30 billion pounds, as part of his financial plan in the fall.
The British newspaper “Evening Standard” conveyed its support for the most vulnerable groups in society to help him overcome the crisis of the expensive living with additional short -term financing for health care services, schools and social welfare.
The miserable state of the economy was revealed through the official numbers that predicted the annual inflation levels by more than seven percent next year, when the economy was scheduled to shrink by 1. 4 percent and the unemployment rate increased from 3. 6 percent to 4. 9 percent.
In the autumn statement, which was described as a decisive for the British economy, Hunt said: “Today we are presenting a plan to address the crisis of the cost of living and rebuild our economy.
Our priorities are stability, growth and public services. We also protect the vulnerable because being a British means to be merciful and this is a conservative government. ”
The bitter drug in the autumn statement was aimed at reducing inflation that reached 11. 1 percent in October, the highest level in 41 years.
The UK’s economy was shaken by the Ukraine war, Kofid epidemic, Britain’s exit from the European Union, and the catastrophic mini budget offered by the Treasury Secretary in the former government, Koasi Quarting.
The budget responsibility office believes that Britain is now in stagnation, and Hunt told members of Parliament..
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