However, the Chancellor insisted it is "not just going to be bad news" on Thursday, stressing he is keen to show the British people "the way through" the "difficult" circumstances at hand.
Mr Hunt has declared he will be playing Scrooge as he sets out his vision to restore financial "stability", with a focus on delivering "certainty" to families and businesses in the wake of the market turmoil sparked by his predecessor's £45 billion tax-cutting bonanza.
He has said "people with the broadest shoulders will bear the heaviest burden" as he seeks to fill a so-called black hole in the public finances and is understood to be weighing up a cut to the threshold at which the highest earners start paying the top rate of tax.
He acknowledged during a round of broadcast interviews on
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Diese Geschichte stammt aus der November 14, 2022-Ausgabe von The Herald.
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Labour 'Not Scaling Back On Ambitions' - Starmer
SIR Keir Starmer has denied he is scaling back Labour's ambitions as he launched the party's doorstep offer to voters ahead of the general election.
WELL DONE ARGYLE!
RAFFERTY PRAISES PILGRIMS ON STAYING UP
Rosenior rules out taking on Argyle job
LIAM Rosenior will not be the next Plymouth Argyle head coach, according to a report from national football journalist Alan Nixon.
The Argyle quartet with plenty to prove in the new season
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Fury promises fireworks in and out of ring
BOXING Tyson Fury is ready to step up his mind games with Oleksandr Usyk as he promised to break new ground with his ring walk in Riyadh on Saturday.
Norris: I'm ready for the Bull fight
LANDO Norris says his maiden Formula One win has provided him with the platform to challenge Max Verstappen for the world championship.
Age limits planned for sex education
CLEAR age limits on the teaching of sex education aim to ensure children are not \"exposed to too much too soon\", the Government said, as it published new proposals on the topic.
Search for remains of abduction victim
POLICE ACT ON NEW EVIDENCE IN CASE OF 1969 KIDNAPPING
Fico shooting: Man charged
SLOVAKIA'S interior minister said yesterday that a \"lone wolf\" has been charged in the shooting that seriously wounded Prime Minister Robert Fico.
'Jail me for a long time'
PLEA FOR SUPPORT IN PRISON