Jeremy Hunt is expected to announce tax cuts in Wednesday’s budget in an attempt to reboot the government’s flatlining performance in opinion polls, with the country in recession amid the cost of living crisis.
The chancellor has come under pressure from within Conservative ranks for bold action, although he has cautioned that any measures would need to be “prudent and responsible” while inflation remains above the 2% target and government debt at its highest level since the 1960s. Here are five key charts that will underpin his statement.
