Chancellor: I hope to show a path to reducing tax burden in prudent Budget

The Chancellor has said he hopes to use the Budget to “show a path” in the direction of tax cuts, but stressed any reductions in taxation would have to be “prudent”.

During interviews with broadcasters on Sunday, Jeremy Hunt said he wants Britain to “move towards a lower tax economy” and that he feels a “moral duty to leave as much money in people’s pockets as possible”.

But he said any tax cuts will have to be “sustainable” and “affordable”.

Ruling out borrowing to pay for tax cuts, Mr Hunt told the BBC’s Sunday with Laura