
Kwasi Kwarteng has been warned it would be an “act of national vandalism” if he imposes austerity measures on the NHS and other public services to calm the turmoil caused by his tax giveaways to the rich.
The chancellor is expected to use a statement on 23 November to announce belt-tightening measures in a bid to persuade the markets that he can get the UK’s public finances back under control following last week’s mini-Budget.