The Prime Minister said Jeremy Hunt will unveil measures on Thursday to "put our public finances on a sustainable trajectory" after investors were spooked by his predecessor's £45 billion tax-cutting bonanza.
The statement is expected to include painful public spending cuts and tax hikes to plug a black hole in the nation's finances.
Mr Hunt earlier said "sacrifices" were required across the board to get the economy back on track.
Esta historia es de la edición November 15, 2022 de Manchester Evening News.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 15, 2022 de Manchester Evening News.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
I've gone from this kid with a dream to singing for the Pope
SCOTTISH SINGER EMELI SANDÉ REFLECTS ON RECONNECTING WITH HER ROOTS AND TAKING CONTROL OF HER MUSIC THROUGH STARTING HER OWN LABEL.
'Annoyed' Blues boss is 'obsessively' working to halt a dismal run of form
PEP Guardiola is 'annoyed' and 'obsessively' looking for a solution to City's drastic drop in form.
Coe has appetite for change in IOC
LONDON 2012 GURU IS OUT TO REFORM OLYMPIC COMMITTEE
Hospice funding help is welcomed
HOSPICES in England have welcomed a multimillion funding boost but the Government has been accused of “giving with one hand and taking with the other” amid costs caused by a national insurance rise.
Starmer backs Siddiq
SIR Keir Starmer has backed Tulip Siddiq, Downing Street indicated, after the Treasury minister was named in an anti-corruption investigation in Bangladesh.
'Uncertainty' is cause of rate freeze
THE Bank of England has held interest rates at 4.75% due to “heightened uncertainty in the economy” following the UK Budget and US presidential election.
The art of connecting with nature
I will always insist that getting outdoors is the best way to engage with the amazing nature we have in Manchester.
Drug dealer lived high life before arrest
A DRUG dealer who enjoyed luxury holidays in Dubai with his ill-gotten gains was caught out after being stopped in the street by police.
100mph racer killed England youth footballer
A 'BOY racer' who reached speeds of almost 100mph at an unauthorised car meet later struck and killed a budding young footballer.
Charity calls for inquiry into GMP use of Traveller dispersal order
A CHARITY representing Romani Gypsy, Roma and Irish Traveller communities has brought an official complaint against Greater Manchester Police following the force’s controversial use of a dispersal order.
