Jeremy Hunt to promote low-tax and private sector ‘retooling’ of industry
The Guardian says Jeremy Hunt will defend the government’s vision for Britain’s economic future in a speech to City executives in London on Friday, when he will lay out plans for investment and growth.
The chancellor will say he wants to promote policies that allow the private sector to retool the UK’s industrial base and reskill the workforce to generate strong growth over the next decade.
A low-tax base will be an essential element of the UK’s attraction for foreign and domestic businesses, he will say.
He is also expected to condemn British “declinism”, which he will claim is being “peddled” by the Labour party, according to the Daily Mail. Hunt will insist negative forecasts from experts “do not reflect the whole picture”, it reports.
