Jeremy Hunt ‘Ready to Cut Taxes and Bet on Growth’

The chancellor declared Britain ‘has done the hard yards’ and the economy is ‘bouncing back,’ and said he aims to eventually abolish National Insurance.

Britain's Chancellor of the Exchequer Jeremy Hunt attends a session on artificial intelligence during the World Economic Forum annual meeting in Davos, Switzerland, on Jan. 18, 2024. Fabrice Coffrini/AFP via Getty Images

Jeremy Hunt declared on Friday that he’s “ready to cut taxes and bet on growth” after the UK’s gross domestic product (GDP) grew again in February.

The chancellor made the remark as he said Britain has now “done the hard yards on inflation.”