Jeremy Hunt has laid out his financial plans for the UK with a package containing "difficult decisions".
In his Autumn Statement, delivered in the House of Commons on Thursday, the Chancellor announced tax increases. He said the measures would ensure a "shallower" recession.
The Office for Budget Responsibility (OBR) forecast the UK's inflation rate to be 9.1% this year and 7.4% next year, contributing to the squeeze on living standards. Mr Hunt said: "Today we deliver a plan to tackle the cost-of-living crisis and rebuild our economy.
