Chancellor expected to announce tax rises and spending cuts in attempt to reverse effects of Truss mini-budget
Jeremy Hunt will argue today that he is not implementing austerity 2.0, the Times’s Steven Swinford reports.
Labour claims the UK is stuck in a “Conservative doom loop of emergency statements”. The phrase came from Pat McFadden, the shadow chief secretary to the Treasury, who used it in an interview with Sky News.
I think he should acknowledge their responsibility for what’s happened. I don’t think he should pretend the mini-budget was just a bad dream.
Chancellor expected to announce tax rises and spending cuts in attempt to reverse effects of Truss mini-budgetJeremy Hunt will argue today that he is not implementing austerity 2.0, the Times’s Steven Swinford reports.Labour claims the UK is stuck in a “Conservative doom loop of emergency statements”. The phrase came from Pat McFadden, the shadow chief secretary to the Treasury, who used it in an interview with Sky News.I think he should acknowledge their responsibility for what’s happened. I don’t think he should pretend the mini-budget was just a bad dream. Continue reading…
