Autumn Statement: Hunt promises to grow economy, but inflation to stick

Measures are to include cutting business tax, attracting foreign investment, helping entrepreneurs raise money, boost productivity, reforming welfare and speeding up access to the electricity grid. Meanwhile, headline inflation will fall to 2.8% by the end of 2024 before falling to the Bank of England's 2% target in 2025 – a dramatic delay to the Office for Budget Responsibility's (OBR) original expectations.