Jeremy Hunt has ripped up most of Liz Truss’s disastrous mini-budget, scrapping nearly all of her planned tax cuts and drastically scaling back the government’s flagship plan to cap rising energy prices.
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The new chancellor said the only tax cuts would be those already being put in place – the move to reverse the recent rise in national insurance, and a cut to stamp duty. Here is his full televised statement on the medium-term fiscal plan.

Hunt rips up most of mini-budget and scales back energy prices plan ► https://www.theguardian.com/politics/2022/oct/17/hunt-rips-up-most-of-mini-budget-and-scales-back-energy-prices-plan

Jeremy Hunt’s statement on medium-term fiscal plan: key points at a glance ► https://www.theguardian.com/business/2022/oct/17/jeremy-hunt-medium-term-fiscal-plan-key-points-mini-budget

Jeremy Hunt statement – latest updates ► https://www.theguardian.com/politics/live/2022/oct/17/jeremy-hunt-mini-budget-liz-truss-conservatives-labour-tax-uk-politics-live

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