Chancellor says decisions of ‘eye-watering difficulty’ are ahead and admits government partly to blame for market turmoil
Politics live – latest updates
The new chancellor has hinted that tax rises could be on the way as he rolled back the vast majority of measures in the mini-budget and admitted decisions of “eye-watering difficulty” lay ahead.
Jeremy Hunt conceded that confidence and stability in the UK economy had been shaken over the past few weeks as he addressed MPs in his first Commons statement since replacing Kwasi Kwarteng on Friday.
Chancellor says decisions of ‘eye-watering difficulty’ are ahead and admits government partly to blame for market turmoilPolitics live – latest updatesThe new chancellor has hinted that tax rises could be on the way as he rolled back the vast majority of measures in the mini-budget and admitted decisions of “eye-watering difficulty” lay ahead.Jeremy Hunt conceded that confidence and stability in the UK economy had been shaken over the past few weeks as he addressed MPs in his first Commons statement since replacing Kwasi Kwarteng on Friday. Continue reading…
