Hunt hints at more tax cuts before next election after ‘making a start’

The Chancellor has said it is “going to take time” to reduce the overall tax burden as he appeared to hint that further pre-election giveaways could be coming down the track.

Jeremy Hunt used the autumn statement on Wednesday to announce a national insurance cut worth £10 billion.

Yet despite the earnings bonus, millions of workers will face a squeeze on their finances with the tax burden still set to reach a record high.

In interviews after the fiscal event, Mr Hunt said taxes had risen to pay for Covid-19 pandemic support and Government intervention to help the public through the spike in energy prices triggered by the war in Ukraine.

But the Chancellor said the UK economy had