UK finance minister sticks to tax hike plans and guarantees post-Brexit reforms

Jeremy Hunt is interviewed for Sophie Raworth’s ‘Sunday Morning’ at the BBC Broadcasting House in London.

Tejas Sandhu | Light Rocket | Getty Images

UK Treasury Secretary Jeremy Hunt signaled Friday that he is pushing ahead with tax hikes while stressing the need to turn Brexit into a “catalyst” for UK growth.

“The best tax cut right now is cutting inflation,” Hunt said in a speech to tech giants like Amazon, Google and Meta to dispel the UK’s economic “gloominess”.

Hunt told the companies they were important to the UK’s prospects, but added that “Britain is vital to your future too” and asked for their help in making the country the “world’s next Silicon Valley”. do.

This is breaking news and more updates will be forthcoming.

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