Revealed: the £30bn cost of Liz Truss’s disastrous mini-budget

Analysis shows former PM was responsible for half of the Treasury's 60bn fiscal hole as chancellor prepares to announce cuts in Thursday's budget

Liz Truss's disastrous mini-budget cost the country a staggering 30bn - doubling the sum that the Treasury says will have to be raised by Jeremy Hunt this week in a huge programme of tax rises and spending cuts.

The independent Resolution Foundation calculates that the Truss government was responsible for about 30bn of the fiscal hole which the Treasury puts at 60bn, and which Hunt will have to tackle in the autumn statement on Thursday.