Chancellor Jeremy Hunt will dismiss misplaced “gloom” about the prospects for the UK economy, saying Britain stands ready to take advantage of its Brexit “freedoms” to become a new world leader.
In a keynote speech on Friday, he will deliver an upbeat message, saying: “Declinism about Britain was wrong in the past and it is wrong today”.
But despite the optimistic tone, the Chancellor is expected to continue to resist calls from some Tory MPs for tax cuts to kick-start flagging economic growth.