Jeremy Hunt will deliver his autumn statement on Thursday and has already warned the public to expect tax rises.
Rishi Sunak has refused to blame Liz Truss and her disastrous mini-budget for the looming tax hikes which will hit Scots households.
The Resolution Foundation estimates it blew £20 billion on unfunded cuts to national insurance and stamp duty, with a further £10 billion lost to higher interest rates and Government borrowing costs. Here's what Rishi Sunak, Hunt and Foreign Secretary James Cleverly have said ahead of the statement later this week.
He said: "I think I said on the steps of Downing Street that mistakes were made and part of the reason I became Prime Minister was to fix that." James Cleverly The Foreign Secretary refused to be drawn on whether he privately held doubts about Liz Truss's mini-budget, as the Prime Minister and Chancellor prepare to reverse course in the autumn statement this week.
"I'm also grown up enough to know that when the international bond yields and the money markets tell us that they are unhappy with the decision that the government has made that that government changes the decision," he said.
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