Tax rises could be on the way to try and fix the country's finances.
Mr Hunt is now due to deliver a financial statement on 17 November, after the much-anticipated plan was pushed back by two weeks after Mr Sunak replaced Liz Truss in Downing Street.
While the Treasury said Mr Hunt and Mr Sunak "agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden," it warned that "given the enormity of the challenge, it is inevitable that everybody would need to contribute more in tax in the years ahead". Ministers have not ruled out real-terms cuts to pensions and benefits by raising them below the rate of inflation, a move that could save billions.
But the Times has reported Mr Hunt is considering increasing the current windfall tax, and extending the end-date from 2025 to 2028.
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