Tuesday, October 3, 2023

UK's Hunt: I'd love to lower taxes before election but cuts are inflationary | Reuters

MANCHESTER, England, Oct 3 (Reuters) - British finance minister Jeremy Hunt said on Tuesday he would love to lower taxes in the run-up to a national election expected next year, but added that any tax cut at the moment would be inflationary.

Hunt said that reducing taxes at a fiscal event in November would not be possible even if the government met a target to halve inflation this year.

Publisher: Reuters
Date: 2023-10-03T15:30:28Z
Author: Reuters
Twitter: @Reuters
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