JEREMY Hunt has hit back at Kwasi Kwarteng’s attempts to defend his disastrous mini-Budget.
The Chancellor spoke out after his predecessor claimed that the £60billion hole in Britain’s finances could not be pinned on the 45-day Liz Truss government.
His broadside also came as new figures showed UK GDP fell by 0.2 per cent in the three months to September, with fears over a looming recession.
Mr Hunt said: “When we produced a fiscal statement that didn’t show how we were going to bring our debts down over the medium term, the markets reacted very badly.
“And so we have learnt that you can’t fund either spending or borrowing without showing how you are going to pay for it. That is what I will do.”