Hunt rumoured to outline £60bn in tax rises and spending cuts

Delivery of the chancellor's first budget now less than two weeks away

Eve Maddock-Jones
clock • 1 min read

Chancellor Jeremy Hunt is set to role out spending cuts totalling £60bn at the Autumn Budget under current plans, including at least £35bn in cuts.

Reports from The Guardian cited a Whitehall source, which claim the figures were still estimates and subject to change, but added that the chancellor had told staff that measures of this scale would be included in his upcoming Autumn statement. This report comes just as the deadline for submitting data for consideration in the Budget to the Office for Budget Responsibility (OBR) ends today (7 November). The report said that decisions on whether to raise benefits in line with inflation or to change the pensions triple lock are likely to be taken within days, so that the OBR can factor ...

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