Jeremy Hunt hints at tax rises as he reverses mini-budget in Commons
by Aubrey AllegrettiPolitical correspondent from World news | The Guardian on (#64TQN)
Chancellor says decisions of eye-watering difficulty' are ahead and admits government partly to blame for market turmoil
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.
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