New Chancellor Jeremy Hunt, has said that mistakes have been made by the government as he indicates that tax rises are on the way.
Speaking to Sky News in his first interview since his appointment on Saturday, the new Chancellor of the Exchequer admitted: “There were mistakes.
"It was a mistake when we’re going to be asking for difficult decisions across the board on tax and spending to cut the rate of tax paid by the very wealthiest.“It was a mistake to fly blind and to do these forecasts without giving people the confidence of the Office of Budget Responsibility saying that the sums add up.“The Prime Minister’s recognised that, that’s why I’m here.
He told Sky News: “We will have some very difficult decisions ahead. Spending will not rise by as much as people would like and all Government departments are going to have to find more efficiencies than they were“Some taxes will go up. So it’s going to be difficult. But as we take those difficult decisions, my priority, our values as a Government, will be to protect families, businesses, who are going through a very challenging time.
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