Daily Mail published this video item, entitled “‘Best tax cut is cut in inflation’: Chancellor Jeremy Hunt speech on UK economy” – below is their description.
‘Best tax cut is cut in inflation’: Chancellor Jeremy Hunt speech on UK economy. The Chancellor said the “best tax cut right now is a cut in inflation” as he outlined how he plans to use Brexit and investment outside of London to drive UK economic growth. Cutting inflation by half is one of Prime Minister Rishi Sunak’s top five priorities in the run-up to the next general election. Jeremy Hunt, in a speech at Bloomberg’s London HQ, said reducing inflation was the “only sustainable way to restore industrial harmony” in Britain as he suggested tax cuts would have to wait. It comes against a backdrop of public sector strikes over pay and predictions that the UK could be heading for a recession, with inflation standing at 10% according to some measurement forms.
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Daily Mail YouTube Channel
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