The Economic Information Daily published Zhao Xiuzhi's article on the 23rd, "Britain's substantial tightening of fiscal policy may aggravate economic difficulties". The summary of the article is as follows: Jeremy Hunt, the British Chancellor of the Exchequer, said that the British government would raise taxes and reduce fiscal expenditure in the next few years when he announced the autumn budget in Parliament. Analysts pointed out that in the context of the bleak economic outlook in the United Kingdom, a substantial tightening of fiscal policy may exacerbate the recession, and the cost of living crisis of the public will continue. This combination of "tax increase and expenditure reduction" is diametrically opposed to the budget proposed by the previous Truss government for large-scale tax cuts. The budget proposal launched at the end of September had triggered concerns about the further expansion of British debt, which led to a series of crises such as the sharp fall of the exchange rate of sterling against the US dollar and the sharp rise of the yield of long-term British government bonds, and became the direct reason for Truss to step down. According to the latest forecast report released by the Office of Budget Responsibility on the 17th, the British economy will enter a recession lasting more than a year from the third quarter of 2022, as high inflation and rising interest rates put pressure on demand. Marcus Brooks, the investment director of London investment management company Quilt, said: "The market initially responded well to Hunter's robust performance. But now, they think Hunter may be overcorrected, which will stifle the current economic growth." The National Institute for Economic and Social Studies, a British think tank, criticized Hunt's autumn budget proposal for not providing enough help to the British people in crisis. The think tank believes that: "The increase in tax burden, the rise in energy prices, and the wage increase can not catch up with inflation will lead to a worse situation for British families." (Liu Xinshe)