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Jeremy Hunt to outline £60bn of tax rises and spending cuts


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Guardian understands early drafts of UK government’s autumn statement include at least £35bn reduction in spending

Jeremy Hunt will set out tax rises and spending cuts totalling £60bn at the autumn statement under current plans, including at least £35bn in cuts, the Guardian understands.

Ministers must submit the key points of the autumn statement to the Office for Budget Responsibility (OBR) by Monday morning.

Continue reading…Guardian understands early drafts of UK government’s autumn statement include at least £35bn reduction in spendingJeremy Hunt will set out tax rises and spending cuts totalling £60bn at the autumn statement under current plans, including at least £35bn in cuts, the Guardian understands.Ministers must submit the key points of the autumn statement to the Office for Budget Responsibility (OBR) by Monday morning. Continue reading…