{"id":223335,"date":"2023-10-13T14:38:57","date_gmt":"2023-10-13T14:38:57","guid":{"rendered":"https:\/\/allworldreport.com\/?p=223335"},"modified":"2023-10-13T14:38:57","modified_gmt":"2023-10-13T14:38:57","slug":"brits-warned-to-hope-for-the-best-but-prepare-for-the-worst-just-weeks-before-autumn-2023-budget-the-sun","status":"publish","type":"post","link":"https:\/\/allworldreport.com\/world-news\/brits-warned-to-hope-for-the-best-but-prepare-for-the-worst-just-weeks-before-autumn-2023-budget-the-sun\/","title":{"rendered":"Brits warned to 'hope for the best but prepare for the worst' – just weeks before Autumn 2023 budget | The Sun"},"content":{"rendered":"
JEREMY Hunt today warned Brits to "hope for the best but prepare for the worst" ahead of November's Autumn Budget.<\/p>\n
Speaking from Marrakech, Morocco, where he is meeting International Monetary Fund chiefs, the Chancellor revealed the government's debt interest is likely to be \u00a320 to \u00a330 billion higher than predicted in the spring.<\/p>\n
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The soaring costs for the public purse make the prospect of tax cuts and spending on the NHS and schools in the Autumn Budget far less likely. <\/p>\n
Mr Hunt said tragic events such as the war in Israel and Ukraine have serious snowball effects on Britain's economy.<\/p>\n
He stressed that hard-up households face a "very challenging environment" in the short term, but added there's "a great deal of confidence" about the longer-term future.<\/p>\n
"In the short term, we have challenges," the Chancellor said. <\/p>\n