British finance minister sticks to tax-hiking plans, pledges post-Brexit reforms
Jeremy Hunt is interviewed for Sophie Raworth’s ‘Sunday Morning’ at BBC Broadcasting House in London.
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British Finance Minister Jeremy Hunt on Friday signaled he is pushing ahead with tax hikes, while stressing the need to develop Brexit into a “catalyst” for U.K growth.
“The best tax cut right now is a cut in inflation,” Hunt said in a speech addressed to tech giants, including Amazon, Google and Meta, as he looks to dispel economic “gloom” in the U.K.
Hunt told companies that they were important for the U.K. outlook, but added that “Britain is vital for your future too” and asked for their help to make the country “the world’s next Silicon Valley.”
— This is a breaking news story, and further updates will be posted shortly.
