The British government on Monday axed almost all of its debt-fuelled tax cuts unveiled last month to avert fresh markets chaos, in a humiliating climbdown for embattled Prime Minister Liz Truss.
The chancellor of the exchequer said no government could control markets -- but stressed his action would give certainty over public finances and help secure growth.
"There will be more difficult decisions I am afraid, on both tax and spending, as we deliver our commitment to get debt falling as a share of the economy over the medium term," Hunt added Monday.
The budget furore has reportedly sparked a plot to oust the prime minister.
In two weeks' time, Hunt will unveil his medium-term fiscal plan alongside independent economic forecasts from the Office for Budget Responsibility
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