Mini-budget went ‘too far, too fast’, says Jeremy Hunt

New chancellor signalled Liz Truss's economic plan largely defunct and is expected to delay 1p cut in income tax

Jeremy Hunt said that Liz Truss's mini-budget went too far, too fast" as the new chancellor effectively signalled the demise of the prime minister's economic vision.

Political and economic circles spent Saturday sizing up Hunt after he used a series of broadcast interviews in the morning to suggest Truss's immediate economic plan is now largely defunct.