Jeremy Hunt warns economic ‘discipline’ needed to get inflation under control

Chancellor says inflation only predicted to fall due to ‘tough decisions’ to stabilise the economy

Gavin Cordon
Friday 27 January 2023 04:41 GMT
Jeremy Hunt said inflation was only predicted to fall because of the “tough decisions” in the autumn
Jeremy Hunt said inflation was only predicted to fall because of the “tough decisions” in the autumn (PA Wire)

Chancellor Jeremy Hunt has warned the government must maintain its “disciplined approach” to the public finances if it is to get inflation under control.

Mr Hunt is facing calls from some Tory MPs to cut taxes in his budget in March in a bid to kick-start growth in the flagging UK economy.

At a cabinet away day at Chequers, Rishi Sunak and the Chancellor both emphasised inflation was only predicted to fall because of the “tough decisions” taken in the autumn statement to stabilise the economy.

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