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
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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