British Finance Minister Jeremy Hunt rules out short-term tax cuts

"Right now we're focused on bringing down inflation," Hunt said on the second day of the Conservative Party Conference in Manchester, England.

His words come despite clamor from within the ruling Conservative Party to reduce taxes before a General Election next year, when the Tories are set to face a tough battle against the opposition Labour Party. "That's a pay rise for 2 million workers," he said. "Because if you work hard, a Conservative government will always have your back."

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Britain's finance minister to announce higher minimum wageBritish finance minister Jeremy Hunt on Monday will announce a rise in the minimum wage in his annual Conservative party conference speech, where he is expected to ignore a growing clamour for tax cuts within his party.
Source: Reuters - 🏆 2. / 97 Read more »

Britain's finance minister to announce higher minimum wage By ReutersBritain's finance minister to announce higher minimum wage
Source: Investingcom - 🏆 450. / 53 Read more »

Ripple Long-Standing Partner Releases Social Finance Framework: DetailsUAE-headquartered RAKBANK (National Bank of Ras Al Khaimah) mentions US fintech decacorn in its comprehensive thesis on social aspects of Web3
Source: Utoday_en - 🏆 295. / 63 Read more »