David Smith | Economic forecasts
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Narrated by David Smith
aAfter a turbulent year for the economy, you may have had enough of 2023, although it ended on a brighter note, with inflation falling below 4 per cent and Finance Minister Jeremy Hunt, somewhat controversially, finding room to cut… Taxes in the fall of November 22. statement. His tax cut for individuals, and the 2p National Insurance cut, will come into force very soon.
This late wave has been unable to hide the fact that this has been anything but a vintage year, as many people and companies can attest. Growth numbers were revised downward, eliminating even the small expansion that occurred in the spring, and the challenges and problems came thick and fast, giving us a bumpy ride.
These are the five things that made life difficult.
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