Rising taxes
The new Chancellor previously teased he would have to raise some taxes, offering a departure from Mr Kwarteng’s low-tax policies.
He told BBC’s Laura Keunssberg on the weekend that the Government would not lower taxes “as quickly as people thought”, adding that “some taxes are going to go up”.
In total, the measures announced by Mr Hunt will undo approximately two-thirds of the £45billion tax cuts announced by his predecessor.
