Jeremy Hunt drops major tax cuts hint at Davos before March budget

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City AM

By Jack Mendel Chancellor Jeremy Hunt dropped another major hint about March’s much-anticipated budget, saying the “only direction of travel” is for the UK to embrace low taxation. Speaking at Davos in Switzerland, he said Britain should emulate other economies with low taxes, as the Conservativesgear up for an election later this year. Hunt, who will deliver his Budget on 6 March, said low-tax countries were “more dynamic” and “more competitive”. Speaking at the World Economic Forum in Davos, Switzerland, he said: “In terms of the direction of travel we look around the World and we note that …

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