It’s crunch day for Rishi Sunak. This morning his Chancellor Jeremy Hunt will stand at the despatch box and unveil a mix of spending cuts and tax rises worth in the region of £55 billion in a bid to fill the fiscal black hole in the public finances. Hunt is expected to tell MPs his fiscal plan will help Britain ‘face into the storm’ by being ‘honest about the challenges, and fair in our solutions’ to inflation and rising energy prices.
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