'Further changes to the mini-budget’ announces Jeremy Hunt, the new Chancellor of the Exchequer

'Further changes to the mini-budget’ announces Jeremy Hunt, the new Chancellor of the Exchequer | New Chancellor Jeremy Hunt has dramatically scaled back support for household energy bills and ditched tax cuts promised by his predecessor Kwasi Kwarteng as he seeks to restore stability following weeks of turmoil on the financial markets. In an emergency statement, Mr Hunt said the energy price guarantee - which had been due to cap prices for two years - will end in April after which time the Government will look to target help on those most in need. He said that he is abandoning plans to cut the basic rate of tax by 1p - which had been due to be brought forward to April - and that it would remain at 20p in the pound until the country can afford to reduce it. #jeremyhunt #kwasikwarteng #liztruss #uknews #ukpolitics #ukeconomy #dailymail Original Article: http://www.dailymail.co.uk/wires/pa/a... Original Video: http://www.dailymail.co.uk/video/vide... Daily Mail Homepage: https://www.dailymail.co.uk/ Daily Mail Facebook:   / dailymail   Daily Mail IG:   / dailymail   Daily Mail Snap:   / 8392137033   Daily Mail Twitter:   / mailonline   Daily Mail Pinterest: https://pinterest.co.uk/dailymail Get the free Daily Mail mobile app: https://dailymail.co.uk/mobile