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Chancellor: 'Best Tax Cut Is Cut In Inflation'

UK

Speaking at the Bloomberg HQ in London, Chancellor of the Exchequer Jeremy Hunt states that he 'understands the importance of low taxes', but that the 'best tax cut right now is a cut in inflation'. Livestream: https://www.youtube.com/watch?v=PoQyQvN4LJY.

  • Hunt: Bringing down inflation is the only way to fix industrial unrest.
  • Hunt: Plan to halve inflation will require patience and discipline.
  • Hunt: Weak recovery of public sector from pandemic strengthens case for reform.
  • Hunt: UK is powerfully positioned to play leading role on innovation.

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