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The unfunded tax cuts announced then spooked investors, who dumped UK government bonds, resulting in the Bank of England stepping in to buy bonds to save pension funds from collapse.

However, it was then branded "unfunded and unaffordable" after Labour came to power in July.

Bringing the economy back under control after the markets panicked in the face of Truss's unfunded tax cuts – or what he calls "fantasy economics" - is the achievement he's clearly proudest of.

And he accused Badenoch of making "unfunded commitments" by backing extra spending, whilst not saying whether she would reverse the NI hike if she were in government.

This showed "hundreds of unfunded pressures on the public finances... this year and into the future too".