The Chancellor warns he will have to make ‘very difficult decisions’ to balance the books ahead of Autumn Statement
Jeremy Hunt has warned everyone will have to make the “sacrifice” of paying higher taxes as he braces Britons for his grim Autumn budget next week.
The Chancellor said the country could not “run away from” its financial problems and he will have to make “very difficult decisions” to balance the books.
He confirmed that even those on lower incomes will face having to hand over more to the Exchequer, but said he would try and soften the blow for them.
Mr Hunt is expected to outline £35 billion of spending cuts and £20 billion in tax rises when he delivers his Autumn Statement to MPs on Thursday.