Rishi Sunak has refused to blame Liz Truss and her disastrous mini-budget for the looming tax hikes which will hit Scots households.
Jeremy Hunt will deliver his autumn statement on Thursday and has already warned the public they will need to pay "a bit more tax".
The Chancellor also said "sacrifices" are required across the board to get the economy back on track following the run on the pound caused by the short-lived Truss government.
The Resolution Foundation estimates it blew £20 billion on unfunded cuts to national insurance and stamp duty, with a further £10 billion lost to higher interest rates and Government borrowing costs.
Hunt insisted it is "not just going to be bad news" on Thursday, stressing he is keen to show the British people "the way through" the "difficult" circumstances at hand.
But ahead of the statement in the Commons Hunt, the Prime Minister and Foreign Secretary James Cleverly have refused to blame the previous Tory regime for the current mess in public finances.
Here's what Rishi Sunak, Hunt and Foreign Secretary James Cleverly have said ahead of the statement later this week.
Rishi Sunak
While travelling to the G20 summit, the Prime Minister evaded questions about whether the Resolution Foundation figure was correct.
During the 17-hour plane journey to Indonesia Sunak refused to pin any blame on the Truss - but did admit "mistakes were made".
He said: "I think I said on the steps of Downing Street that mistakes were made and part of the reason I became Prime Minister was to fix that."
He pointed to global economic challenges such as soaring inflation after the Covid pandemic and Russia's invasion of Ukraine.
Sunak added: "Those are shared challenges and what I'll be talking about at the G20 with other leaders is what everyone is doing in their own countries and internationally to ensure resilience and stability in the financial system."
James Cleverly
The Foreign Secretary refused to be drawn on whether he privately held doubts about Liz Truss's mini-budget, as the Prime Minister and Chancellor prepare to reverse course in the autumn statement this week.
He told BBC Radio 4's Today programme: "Call me old fashioned, I tend to say what I think and what I wanted to see was economic growth stimulated in the UK economy, but I'm also grown up enough to know that the market response to that announcement meant that changes had to be made."
Cleverly acknowledged that all members of Government bear a share of responsibility for the chaos of the mini-budget.
"I'm also grown up enough to know that when the international bond yields and the money markets tell us that they are unhappy with the decision that the government has made that that government changes the decision," he said.
Jeremy Hunt
The Chancellor has declared he will be playing Scrooge as he sets out his vision to restore financial "stability", with a focus on delivering "certainty" to families and businesses in the wake of the market turmoil sparked by his predecessor's £45 billion tax-cutting bonanza.
He said "people with the broadest shoulders will bear the heaviest burden" as he seeks to fill a so-called black hole in the public finances and is understood to be weighing up a cut to the threshold at which the highest earners start paying the top rate of tax.
Hunt came the closest to blaming Truss and Kwarteng during an interview with the Sunday Times where he said the "tragedy" of Trussonomics was that both the former PM and her chancellor had the right idea about boosting growth.
But he said it was a "mistake" to act without showing "we can pay our way as a country", adding that he will "put people ahead of ideology".
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