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Chancellor Jeremy Hunt Set To Deliver Budget 2023

Chancellor Jeremy Hunt set to deliver Budget 2023

Economists predict growth in UK economy, despite cost of living crisis

Hunt expected to announce cuts to National Insurance and extension of child benefit

Chancellor Jeremy Hunt is set to deliver his spring budget today, with many Britons eagerly awaiting news of measures to help them through the cost of living crisis. The Office for Budget Responsibility has predicted that the UK economy will grow by 0.8% this year and 1.9% next year, but inflation is still expected to remain high.

Hunt is expected to announce a number of measures in his budget, including cuts to National Insurance and an extension of child benefit. He has said that the budget will be "prudent and sensible", but it is unclear whether it will go far enough to help those who are struggling the most.

The chancellor's speech is due to start at 12.30pm today, and will be followed by a press conference at 3pm. The full details of the budget will be published on the government website.


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