Autumn Statement: Hunt plans billions in spending cuts to repair UK finances

9 comments
  1. This seems great. Levy on the profits of energy firms, lower highest tax threshold. Let them implement. They’ll somewhat fix the finances and start getting hated even more for it. Then labour can come in and slash these cuts.

  2. “Oh no! We have a problem. Better make life harder for the poor.”

    Seriously they only have 1 solution for everything.

  3. If only he had some way of collecting all those uncollected taxes… and could cut all those fossil fuel subsidies… and could stop spending billions on vanity projects… *alas* that’s all impossible. So it is cap in hand to the hordes on minimum wage to make *them* suffer.

  4. Independent forecasts are understood to have identified a gap of around £55bn in the public finances.

    Which is about the cost of the furlough scheme.

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