The chancellor has admitted the situation is bleak, but claimed his economic plan was a 'balanced approach' that would protect public services and help the worst off.
During his statement, Mr Hunt distanced himself from the philosophy of Liz Truss's short-lived government - which promised billions of unfunded tax cuts and sent the markets into turmoil.
Mr Hunt also pledged to continue support for energy bills from April next year - though raising the cap to £3,000 for the average household. But he pointed to those spending decisions, adding:"As soon as the recession is behind us, then, yes, we will consolidate to make sure that we're balancing our books - and I think that's what people would want."'12 weeks of Conservative chaos' - Rachel Reeves
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