Brits will be hit by “eye-watering” tax rises and spending cuts to fill a £54billion black hole left by Liz Truss crashing the economy.
The Autumn Statement - which is basically like a Budget, with a few bits missing - will be announced at 11.30am today.
New Chancellor Jeremy Hunt warned “we’re all going to be paying a bit more tax" - and said he will be a "Scrooge" making "horrible decisions" in the run-up to Christmas. He added: “We will be asking everyone for sacrifices”.