Autumn Statement: OBR says UK is in recession
Chancellor Jeremy Hunt began the government's autumn statement by addressing the elephant in the room - the mini-budget, which led to the downfall of both Kwasi Kwarteng and Liz Truss. Many on the Labour benches shouted out as he said: "I understand the motivation for my predecessor's mini-budget" with his drive for growth. He went on to say that the plan will mean "inflation and interest rates end up significantly lower" - and that it will be done in a "balanced way". #skynews #autumnstatement #budget #jeremyhunt SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews For more content go to http://news.sky.com and download our apps: Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales