Rishi Sunak is facing a budget backlash from traditional Tories, with five former cabinet ministers warning the scale of spending and taxes would stifle growth.
The chancellor received a lukewarm reception from a string of Conservative grandees after his budget on Wednesday. They put him on notice that they would not put up with a “big state, high tax” situation for long.
Sunak has always pitched himself as a fiscally hawkish Tory whose role model is the Thatcherite chancellor Nigel Lawson. He
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