Chancellor looking to cut public sector spending to lower taxes, Sky News understands

Jeremy Hunt accuses Labour of lying about public finances

Jeremy Hunt has accused Labour of lying over the "£22bn" budget black hole it claims to have inherited. The shadow chancellor, who was speaking at the Conservative conference in Birmingham, claimed the £22 billion “black hole” could turn out to be a £39 billion surplus. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn