Rishi Sunak’s positive vision could pave way for tax cuts
Rishi Sunak is expected to pave the way for tax cuts by setting out a positive vision for the economy after halving inflation. Jeremy Hunt, the chancellor, is forecast to cut national insurance and business taxes in his autumn statement on Wednesday as he seeks to revive Tory fortunes.
Sunak will deliver a speech in north London, in which he sets out plans to bolster economic growth after bringing inflation under control. The speech was originally intended for last week after the government hit its target of halving inflation but was delayed following the Supreme Court’s decision on sending asylum seekers to Rwanda.
Improved public finances mean that the government has about £25 billion of headroom at this month’s autumn statement, compared with £6.5 billion
