Hunt Eyes AI and Welfare Reform as Cures for ‘Ever-Rising’ Tax Burden

The chancellor ruled out tax cuts in the autumn, but said the AI and welfare reform can help break the ‘vicious circle of ever-rising taxes.’

Chancellor of the Exchequer Jeremy Hunt speaking during the British Chambers Commerce Annual Global conference, at the QEII Centre, London, on May 17, 2023. Jordan Pettitt/PA Media

Chancellor of the Exchequer Jeremy Hunt has insisted the government is “not in a position to talk about tax cuts at all” while seeking to convince voters that he has a credible plan to get there.

Mr. Hunt suggested artificial intelligence (AI) and welfare reforms can help break the “vicious circle of ever-rising taxes” by boosting the productivity of both the public and private sectors.