Jeremy Hunt Wants UK Growth, But Is Aiming to Avoid Truss’s Fate

Oct. 13, 2023, 1:54 PM UTC

Just a year after Liz Truss’s failed attempt to jump-start the UK economy using unfunded tax cuts, Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt have picked up her baton and are pushing their own supply-side boost to try to lift growth and fill a hole in the public finances.

Both see driving growth as the only solution to the country’s twin economic challenges of soaring national debt and high taxes. With a general election expected next year and the Conservatives trailing Labour in the polls, Hunt finds himself with little if any room to reduce ...

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