Chancellor Jeremy Hunt revealed plans to reverse a number of proposed tax cuts during an emergency statement on Monday.
The MP has set out billions of pounds of savings to stabilise the public finances, with the Treasury saying the move - following talks over the weekend between Mr Hunt and Prime Minister Liz Truss - was designed to "ensure sustainable public finances underpin economic growth".
Among other huge motions, Mr Hunt confirmed he is ditching many of the measures in the mini-budget, including the planned cut to income tax. However, in a monumental change of policy, the Chancellor announced that help with energy bills for households will only last until April, with a review to find a "new approach" that will "cost the taxpayer significantly less".
