Rishi Sunak says there are no "fairytale" answers to fix the economy

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Rishi Sunak,Economy,Inflation

The Prime Minister, Rishi Sunak, stated that there are no easy solutions to fix the economy and emphasized the importance of a careful and sustainable approach to cutting taxes. He also highlighted the government's commitment to reducing inflation and promoting private sector growth.

There are no "fairytale" answers to fix the economy, Rishi Sunak has said in a speech ahead of the Autumn Statement. The Prime Minister hailed having hit his pledge of halving inflation, saying it is now time to "look forward towards the future economy that we want to build". Speaking at a North London college on Monday, he said reaching the inflation goal showed that "when we make a major economic commitment, we will deliver it".

Mr Sunak said he believed in cutting taxes "carefully and sustainably", adding that the government's approach was "one that gets inflation down and keeps it down". "One that believes the private sector grows the economy and, where government has a role, it must be limited," he said. "One that believes in cutting taxes, but doing so carefully and sustainably. "And one that is ambitious about the unprecedented opportunities for this country from the new wave of technolog

Source: Financial Digest (financialdigest.net)

Rishi Sunak Economy Inflation Taxes Private Sector Technology

 

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