Hunt warns on inflation risk as UK tax cut expectations grow

FILE PHOTO: Britain's Chancellor of the Exchequer Jeremy Hunt walks at Downing Street in London, Britain, November 17, 2022. REUTERS/Toby Melville/

LONDON: Chancellor of the Exchequer Jeremy Hunt pushed back on the prospect of imminent cuts to income tax or national insurance, following weekend reports that he’s considering doing so in his Autumn Statement this week.

“The one thing we won’t do is any kind of tax cut that fuels inflation,” Hunt said last Sunday on Sky News, when asked about the reports.