UK Budget
Hunt Pledges to Unblock Investment In UK Budget
- Measures to drive growth but weak outlook will limit giveaways
- Flashpoints over corporation tax and cost-of-living support
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UK Chancellor of the Exchequer Jeremy Hunt will pledge to drive economic growth by unblocking business investment in his first budget on Wednesday, in which he will set out tax-and-spend policies for the last full year before the next election.
Having stabilized the economy in November’s autumn statement after the turbulence of Liz Truss’s short-lived government, Hunt will pledge to “deliver the next part of our plan: a budget for growth,” according to prepared remarks released by the Treasury.