UK PM Sunak: We can only cut taxes once we control inflation and debt

  • Now that inflation is halved, we can begin the next phase and turn attention to tax cuts
  • We can’t do everything all at once, need to prioritise
  • We can and will deliver tax cuts over time
  • But we must avoid doing anything that risks the fight against inflation

With core inflation still closer to 6% at this stage, I’d be wary if I were Sunak to take it as a given that price pressures will continue to fall off in the same way it did over the last year. But as a politician, he does face tough questions and critique, so you can’t blame him for suggesting that they are well on course to claim victory already. We’ll see if he can say with such confidence the remarks above at the same time next year. I wouldn’t be surprised if we’re still revisiting the same conversation again by the middle of next year.

This article was written by Justin Low at

Go to Forexlive

Wie hilfreich war dieser Beitrag?

Klicke auf die Sterne um zu bewerten!

Durchschnittliche Bewertung 0 / 5. Anzahl Bewertungen: 0

Bisher keine Bewertungen! Sei der Erste, der diesen Beitrag bewertet.

Es tut uns leid, dass der Beitrag für dich nicht hilfreich war!

Lasse uns diesen Beitrag verbessern!

Wie können wir diesen Beitrag verbessern?

Benachrichtige mich bei
Inline Feedbacks
View all comments