- 2.5% to 1.7% of GDP drop in public sector investment by 2027 under Hunt’s forecasts
- 2026 the year real wages are set to return to their 2008 level
- 0.2% Real wage growth over the course of 14 years of Tory rule (if forecasts are correct)
- £8 billion tax cuts this year vs £38 billion post-election tax rises and planned public spending cuts
- £14,000 worse off an average worker than if pay growth had continued at pre-economic crisis levels
- Stats Resolution Foundation
£100,000 donated by Jeremy Hunt to his local Conservative election over the last few years. Is he confident he’ll keep his seat?
What we heard
“A payday loan of a budget” Robert Shrimsley in the Financial Times
“Nothing Hunt announced changes anything significantly” Institute of Fiscal Studies
