Jeremy Hunt has said he makes "absolutely no apology" for being responsible with the public finances as he risked angering Tory MPs by playing down the prospect of major tax cuts in Wednesday's Budget.The Chancellor has faced pressure from senior Conservatives, including Boris Johnson, for tax cuts in a bid to ignite the UK's stalling economy, including pausing the planned rise in corporation tax from 19% to 25%.

Jeremy Hunt has said he makes "absolutely no apology" for being responsible with the public finances as he risked angering Tory MPs by playing down the prospect of major tax cuts in Wednesday's Budget.The Chancellor has faced pressure from senior Conservatives, including Boris Johnson, for tax cuts in a bid to ignite the UK's stalling economy, including pausing the planned rise in corporation tax from 19% to 25%.