The UK’s latest Chancellor – Jeremy Hunt – has made a major reversal on the tax policies outlined in the ‘mini budget’ only a few weeks ago.

Mr Hunt made yet another U-turn on many of the measures announced by former Chancellor Kwasi Kwarteng in a bid to bring “confidence and stability” to the UK economy and financial markets.

In fact, the only measures that now remain are the reduction of National Insurance Contributions - in line to where they were earlier in the ...