Jeremy Hunt is giving a speech that is part of the government’s economic relaunch this morning. The Chancellor is going to argue that the ‘declinism’ narrative about Britain is wrong and that ‘the UK is poised to play a leading role in Europe and across the world on the growth sectors which will define this century’. He is trying to switch from his own previously downbeat tone about things getting worse before they get better, in part as a response to the Trussite Tories who are highlighting Britain’s anaemic growth.
The interesting thing about the Truss bunch is that while many Tory MPs dismiss them as ‘deranged’, they then add in the same breath ‘but Liz did have a point about growth, funnily enough’.
The point that Hunt is under a great deal of pressure to make is that the tax burden, currently at a record high, will start to come down under the Tories.
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