James Forsyth James Forsyth

How far does Jeremy Hunt’s writ run?

(Photo: Getty)

Jeremy Hunt is a man who thinks he is in clear charge of government fiscal policy. After Liz Truss’s press conference yesterday which abandoned the corporation tax cut and opened the way to spending cuts, there were briefings to the papers that no more U-turns were coming. But on the media round on Saturday morning, Jeremy Hunt put the whole mini-Budget under review. He was clear that taxes would rise – in direct contradiction of what Truss had said on the campaign trail, spending wouldn’t go up as much as expected and that every department will have to find savings. The Sunday Times is now reporting that the cut in income tax will be delayed for a year, and return to the date that Rishi Sunak had originally proposed. We can expect Hunt to be asked about this when he appears on the BBC’s Sunday with Laura Kuenssberg. But the shift is another reminder that little remains of the mini-Budget and its growth plan.

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