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  • UK Autumn Statement: Jeremy Hunt to unveil spending cuts and tax rises

    From bbc.co.uk

    Chancellor Jeremy Hunt will pledge to face into the economic "storm", as he is expected to confirm widespread spending cuts and tax rises. He will say "difficult decisions" are needed to tackle soaring prices and limit mortgage costs. But he faces a potential backlash from some Tory MPs who oppose big tax hikes. The BBC understands the state pension and benefits will rise with prices. Energy support is likely to continue beyond April but will be less generous. Labour said the country was "being held back by 12 years of Tory economic failure and wasted opportunities", with working people "paying the price". ... (full story)

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  • Nov 17, 2022 6:37am Nov 17, 2022 6:37am
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 1403 Comments
Credibility......just where on earth is that? Where do I find it? HELP!
 
 
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    Annual inflation up to 10.6% in the euro area

    From ec.europa.eu|Nov 17, 2022

    The euro area annual inflation rate was 10.6% in October 2022, up from 9.9% in September. A year earlier, the rate was 4.1%. European Union annual inflation was 11.5% in October ...

    Foreign trade and import prices - September 2022

    From istat.it|Nov 17, 2022

    In September 2022 seasonally-adjusted data, compared to August 2022, increased by +1.6% for outgoing flows and decreased by -1.7% for incoming flows. Exports dropped by -2.2% for ...

    Swiss Watch Exports Growth Slows as China Orders Drop

    From bnnbloomberg.ca|Nov 17, 2022

    Swiss watch exports grew at a slower pace in October as shipments to China declined, suggesting a slight moderation in demand for high-end timepieces. Shipments rose 6.7% to 2.27 ...

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    AUDUSD remains above downtrend line but with weak momentum

    From xm.com|Nov 17, 2022|3 comments

    video AUDUSD is still standing above the long-term downtrend line; however, the momentum is too weak to sustain the bullish movement that started after the bounce off the 0.6270 ...

    UK's Chancellor Hunt: Our plan will tackle cost of living crisis, rebuild economy

    From @financialjuice|Nov 17, 2022

    tweet at 6:32am: UK'S CHANCELLOR HUNT: OUR PLAN WILL TACKLE COST OF LIVING CRISIS, REBUILD ECONOMY. tweet at 6:32am: UK'S CHANCELLOR HUNT: OUR PRIORITIES ARE STABILITY, GROWTH AND PUBLIC SERVICES. tweet at 6:35am: UK'S CHANCELLOR HUNT: WE WILL NOT CHANGE BOE REMIT. tweet at 6:36am: UK'S CHANCELLOR HUNT: UNFUNDED TAX CUTS ARE AS RISKY AS UNFUNDED SPENDING. tweet at 6:37am: UK'S CHANCELLOR HUNT: OBR SEES CPI OF 9.1% IN 2022 (MARCH FORECAST 7.4%).

    UK's Chancellor Hunt: OBR judges the UK is in a recession

    From @financialjuice|Nov 17, 2022|1 comment

    tweet at 6:38am: UK'S CHANCELLOR HUNT: OBR JUDGES THE UK ARE IN A RECESSION. tweet at 6:47am: UK's Chancellor Hunt: -We have not raised headline rates of taxation -Any windfall tax should be temporary and not deter investment tweet at 6:50am: UK'S CHANCELLOR HUNT: OBR SEES GDP GROWTH OF +1.3% IN 2024. tweet at 6:51am: UK'S CHANCELLOR HUNT: OBR SEES GDP GROWTH OF +2.6% IN 2025.

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  • Posted: Nov 17, 2022 5:05am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 1,380
  • Linked event:
    GBP Autumn Forecast Statement
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