Rishi Sunak preparing years of tax rises to plug £50bn fiscal black hole

PM set to hike taxes across the board to repair nation's finances after Liz Truss's disastrous mini-budget

Rishi Sunak is preparing years of tax rises for Britain in an effort to make up for a 50bn fiscal hole left by Liz Truss's disastrous tenure in Downing Street, according to a Treasury insider.

After a meeting between the prime minister and Jeremy Hunt on Monday to plan the upcoming autumn statement, a Treasury source said things were going to get rough".