Autumn Statement 22: Hunt reveals three-pronged growth strategy

Energy, infrastructure and innovation

Eve Maddock-Jones
clock • 2 min read

In today’s (17 November) Autumn Statement, Chancellor Jeremy Hunt revealed measures to “boost growth and productivity” across a trio of areas; energy, infrastructure and innovation.

Hunt said that stronger economic growth requires a long-term plan and commitment to see it through, arguing in his speech to the House of Commons there are "no quick fixes to the challenges the UK faces". In the full Statement, he said: "The government will ensure that those sectors which have the most potential for growth - such as digital, green technology and life sciences - will be supported through measures to reduce unnecessary regulation and boost innovation and growth." According to him, this Statement will lead to "lower energy bills [and] higher growth". Autumn Statement ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK consumer confidence edges up in December but remains 'far from strong'
UK

UK consumer confidence edges up in December but remains 'far from strong'

Two measures up

Sorin Dojan
clock 13 December 2024 • 2 min read
BoE survey reveals growing concern over UK inflationary outlook
UK

BoE survey reveals growing concern over UK inflationary outlook

Before BoE interest rate decision next week

Linus Uhlig
clock 13 December 2024 • 2 min read
UK economy unexpectedly shrinks by 0.1% in October sparking 'cause for concern'
UK

UK economy unexpectedly shrinks by 0.1% in October sparking 'cause for concern'

ONS data reveals

Linus Uhlig
clock 13 December 2024 • 2 min read
Trustpilot