PM pledges to cut taxes in Autumn Statement
Rishi Sunak pledges to cut taxes ‘responsibly’ in the government's upcoming Autumn Statement due on Wednesday. But, speaking in north London on Monday, the prime minister also warned that he cannot "do everything all at once". Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Category
🗞
NewsTranscript
00:00 Whether you like me or not, I hope you know that when it comes to the economy, when it
00:04 comes to your job, your family, your incomes, I'll always take the right decisions for our
00:10 country.
00:11 I promised you we would halve inflation.
00:14 We took the difficult decisions and we have delivered on that promise.
00:19 So now you can trust me when I say that we can start to responsibly cut taxes.
00:26 And we will now move to the next phase of our plan to grow our economy by reducing debt,
00:32 cutting tax and rewarding hard work, building domestic sustainable energy, backing British
00:38 business and delivering world-class education.
00:43 You can trust me to take the right long-term decisions and that's how we'll build a brighter
00:47 future for all our children.
00:50 I want to cut taxes.
00:52 I believe in cutting taxes.
00:54 What clearer expression could there be of my governing philosophy than the belief that
00:58 people and not governments make the best decisions about their money.
01:03 We will do this in a serious, responsible way, based on fiscal rules to deliver sound
01:09 money and alongside the independent forecast of the Office of Budget Responsibility.
01:16 And we can't do everything all at once.
01:18 But growth is all about getting the private sector to invest too.
01:22 And that's why the Chancellor is cutting taxes directly on investment.
01:28 And it's why we're cutting taxes to encourage innovation.
01:32 Because new ideas and ways of doing things are the most important way to raise our productivity.
01:37 And it's why we're seizing the freedom and flexibility of Brexit.