Autumn Statement latest: What businesses want from Jeremy Hunt

FT SAYS The shadow chief secretary to the Treasury has welcomed the “tax cut for working people” expected in the government’s Autumn Statement on Wednesday, but said that it would not be enough to turn around 13 years of Tory “economic failure”. 

Chancellor Jeremy Hunt is expected to announce cuts to national insurance and the basic rate of income tax when he delivers his economic package on Wednesday. 

But Labour’s Darren Jones said the government is “still taking more money from us than ever before”.

He told Sky News: “We need to see much more action on getting down energy bills, more action on tackling inflation and more action on the cost of living crisis.” 

Read the full article on the Financial Times