Jeremy Hunt dismisses economic ‘gloom’ as he dashes Tory hopes of tax cuts
Sky News says Chancellor Jeremy Hunt has dismissed economic “gloom” in a major speech today as he promised to use “Brexit freedoms” to increase growth and productivity in the UK.
Speaking at Bloomberg’s European headquarters in London, he attacked “declinism”, instead saying the country was “poised to play a leading role in Europe and across the world in the growth sectors which will define this century”.
But his speech came against the backdrop of a cost of living crisis, ongoing strikes over pay, and demands from some of his party to focus on tax cuts to boost the economy.
