Hunt strikes cautious tone over prospect of tax cuts in the Budget
The Chancellor has said he “won’t take any risks” with the British economy at the Budget as he looked to taper expectations around tax cuts.
Jeremy Hunt told The Sunday Telegraph that bringing down the current tax burden is a “long path”.
He also confirmed that the financial forecasts setting out how much so-called “headroom” he has in order to meet his fiscal rules had “gone against us”, in a move that is likely to curtail his ability to serve up pre-election giveaways.
