![PM eyes £50 billion tax hikes and spending cuts amid ‘massive fiscal black hole’](https://cdn.newsserve.net/ONPglobe256.png)
PM eyes £50 billion tax hikes and spending cuts amid ‘massive fiscal black hole’
Rishi Sunak and Chancellor Jeremy Hunt are considering up to £50 billion of spending cuts and tax rises as they confront a gaping financial black hole ahead of the autumn budget.
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