Ex-Finance Minister Sunak vows to tackle inflation in pitch to be UK PM - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Britain's former Finance Minister Rishi Sunak.

“We need a return to traditional Conservative economic values – and that means honesty and responsibility, not fairy tales,” Sunak is expected to say at the launch of his campaign, according to his team, a jibe at rivals who have promised immediate large cuts to business or personal taxes. According to his team, Sunak will promise to cut taxes once inflation, which hit a 40-year high of 9.1% in May, had been brought under control.

“My message to the party and the country is simple: I have a plan to steer our country through these headwinds. Once we have gripped inflation, I will get the tax burden down. It is a question of ‘when’, not ‘if’.”

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