Jeremy Hunt warns 'everyone' will pay more tax under his fiscal plans

The Chancellor of the Exchequer said everyone will pay more tax under his plans to plug a fiscal black hole in his Autumn Statement on Thursday. Speaking on Sunday Morning with Laura Kuenssberg, Jeremy Hunt promised to protect vulnerable people, but said: "We are going to see everyone paying more tax. We're going to see spending cuts." The Bank of England has warned that the UK could enter its longest ever recession as it faces pressure from global economic turmoil and the effects of a disastrous mini-budget in September. Mr Hunt acknowledged the likelihood of a recession, but said he had "a plan to get through this, and if we do this wisely we can make this recession that we may be in as short and as shallow as possible".