Sunak and Hunt to 'kitchen sink' the bad news in autumn statement - and it won't be pleasant

Either way, the news is not good, and this recession is likely to feel tougher than many others, in large part because this time it is not banks or businesses being squeezed but households themselves.

Britain, as a big importer of goods and for that matter energy, is very sensitive to increases in international prices, and we are going through an energy and price squeeze across much of the world. But the point of kitchen sinking is not merely to deliver all the bad news at once, but to announce some remedies – tough as they may be.What are we expecting from the autumn statement?

One of the things that almost certainly unnerved investors back in September was that the mini-budget put the national debt on an ever-increasing trajectory. Now, these numbers are subject to enormous change, since they are based on imprecise estimates and the state of the economy is pretty unclear anyway.

Then there's the energy price guarantee and what happens next year, namely a significantly scaled-back scheme to follow the £2,500 average price cap currently in place.How could Tories reduce '£60bn black hole'?But the other reason Rishi Sunak wants to kitchen sink the bad news now is because he has another date in mind: 2024.

EdConwaySky Bankruptcy, Poverty, Hunger, Hypothermia, Homelessness. Some of the many gifts the Tories will give this Christmas. You get what you vote for!

EdConwaySky Meaning: Portraying or emphasising the squalid aspects of modern life under the Tories.

Neither have a mandate for the measures they are about to present.

I wonder if these financial wizkids can account for the £100billion wasted on Brexit divorce bill, wasted PPE, Track and Trace and Sunaks error on debt interest hedge. It’s a lot of money to let slip through your fingers.

It's interesting the media portray Sunak has some sort of say. Hunt is no more working for Sunak as he was for Truss.

Klaus’s puppet!

EdConwaySky Record is not true isn’t it

EdConwaySky Whats the point of going into so much detail. 95% of the UK population don't understand it and it just scares people. So, well done!

EdConwaySky Don't need to watch. Tory pricks are the cause

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