UK tax cuts unlikely before election, says Jeremy Hunt

Jeremy Hunt, pictured in 2022, said the government ‘will not countenance tax cuts if they make the battle against inflation harder’. Photograph: Stefan Rousseau/PA

Jeremy Hunt has said he must “double down” on high prices after admitting a package of pre-election tax cuts this autumn was looking unlikely.

The government would not make moves to “pump billions of additional demand” into the economy, the chancellor added.