Jeremy Hunt has said the UK will avoid recession this year in his Spring Budget announcement, as he announced a series of new fiscal measures. He said: “Today the Office for Budget Responsibility forecast that because of changing international factors and the measures I take, the UK will not now enter a technical recession this
Jeremy Hunt’s announcement on Wednesday, due to be delivered to the House of Commons at 12.30pm, will be the UK’s first budget in well over a year. The last budget was delivered by current prime minister Rishi Sunak in October 2021, three chancellors ago. Since then, British politics has been peppered with “fiscal event” after
