Prime Minister Sir Keir Starmer has made it clear that tax rises are on the horizon as he warned of a painful autumn budget.

Speaking outside Downing Street on Tuesday, he said: “I will be honest with you, there is a budget coming in October and it’s going to be painful.

“Just as when I responded to the riots, I’ll have to turn to the country and make big asks of you to accept short-term pain for long-term good. The difficult trade-off for the genuine solution.”

While he did not explicitly…