Claims of austerity ‘unfounded’, says Sunak

Slippery path: Hunt and Health Secretary Victoria Atkins at the Global Investment Summit in Surrey. The UK financial watchdog says that the tax-cutting strategy assumes a significant squeeze on stretched public services, including health and prisons. — Reuters

LONDON: Rishi Sunak denies his economic plans are about to deliver a fresh bout of UK austerity, even as the official financial watchdog warns his tax-cutting strategy assumes a significant squeeze on stretched public services.

“Any commentary or accusation that’s what’s happening is just simply unfounded,” the United Kingdom Prime Minister said.