Jeremy Hunt Says UK Must ‘Face Into the Storm’ as He Raises Taxes and Makes £55 Billion Cuts

Chancellor orders electric car owners to start paying road tax

Chancellor of the Exchequer Jeremy Hunt, leaves Downing Street following the first Cabinet meeting with Rishi Sunak as prime minister, in London on Oct. 26, 2022. Victoria Jones/PA

The Chancellor of the Exchequer, Jeremy Hunt, has warned Britain will need to “face into the storm” in the next year as it faces high energy prices, inflation, and recession.

Unveiling his autumn budget, in which he raised taxes and announced £55 billion of funding cuts, Hunt told the House of Commons: “There may be a recession made in Russia but there is a recovery made in Britain, and we do so today with British resilience and British compassion.”