Free Trial

PM Sunak-I Want Tax Cuts, But Best Tax Cut To Halve Inflation

UK

Delivering his keynote speech to the Conservative party conference PM Rishi Sunak states that "I know [party members] want tax cuts, I want them too and I will deliver them. But the best tax cut is to halve inflation and ease the cost of living."

  • Also confirms the well-trailed story that HS2 high-speed rail line leg from Birmingham-Manchester. Says that "We have to get infra right to drive growth...HS2 economic case has massively weakened....What we really need is better transport connections in the north...I am cancelling the rest of the HS2 project....We will invest every single penny, GBP36bn, in new transport projects....Network North is the right way to level up."
  • Announces a slew of other infrastructure projects for road and rail across the north of England.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.