Prime Minister Rishi Sunak hopes his governing party’s annual conference can lift his ailing poll numbers. Predecessors and would-be successors have other priorities.
The country’s new prime minister must now persuade ordinary Britons that they should support his government through a painful ordeal of tax increases, spending cuts and a recession.
The government’s budget proposal, known as the Autumn Statement, will lead to £55 billion in tax rises and spending cuts to fill a massive funding gap. Here are five takeaways.
The government is betting that the plan will put public finances back on sound footing but acknowledges that the measures are likely to deepen the economic misery for Britons.