"Our communities and businesses need support and they need it now."
That's the message from one North East MP following Chancellor Jeremy Hunt's emergency statement this morning as he seeks to restore stability following weeks of turmoil on the financial markets.
The new Chancellor, who was appointed on Friday, confirmed he is ditching many of the measures set out by former Chancellor Kwasi Kwarteng's mini-budget last month. It included scrapping the planned cut to income tax and reducing household energy bill support to six months.
