Autumn Statement: Jeremy Hunt defends tax rises for middle earners

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Autumn Statement: Jeremy Hunt defends tax rises for middle earners
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Chancellor Jeremy Hunt defends tax rises for middle earners

The Resolution Foundation said increasing benefits in line with inflation would make a "huge difference" to those on low-to-middle incomes.

For a typical household, annual energy bills will rise to around £3,000, up from the current level of £2,500.The Resolution Foundation said the focus on "stealth taxes" - freezing tax thresholds to raise revenue - meant those on middle incomes were being squeezed as well as higher earners.The independent Institute for Fiscal Studies said "Middle England" was "set for a shock".

Mr Hunt denied he had been forced to raise taxes and reduce spending because of the turmoil caused by his predecessor Kwasi Kwarteng's tax-cutting mini-budget.

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