Hunt will be chancellor at time of election, UK PM Sunak says

(Alliance News) - Jeremy Hunt will still be chancellor at the time of the general election expected later this year, UK Prime Minister Rishi Sunak has said.

The prime minister said his finance minister was doing a "fantastic job" at managing the economy after mounting speculation ahead of the spring Budget about how long he will last in the post.

Asked on a visit to Buckinghamshire whether Hunt would remain in his position at the time of the election, Sunak told broadcasters: "Yes, and I've said that multiple times, it's not new information."

He added: "We'd like to do more when it is responsible to do so, but as we saw with the latest inflation data, inflation doesn't fall in a straight line, it isn't a given, there's still work to do, and that's why it's important we stick to the plan so we can build a society where everyone's hard work is rewarded."

Reports last year suggested Hunt would stay for the autumn statement and the Budget but that there was a question mark over his longer-term future in the role.

A Number 10 source told The Times and The Sun at the time: "The Chancellor will be delivering the autumn statement in a few weeks' time and the Budget next spring."

Sunak has until January 2025 to hold an election but has said he is working towards a vote in the second half of 2024.

Hunt compared himself to tax-cutting former chancellor Nigel Lawson over the weekend as he and the prime minister dangled the prospect of further giveaways in the fiscal event on March 6.

In an op-ed for the Mail on Sunday, he insisted the government's "plan is working" and likened his record to that of the late party grandee, who slashed personal taxation while serving in the Thatcher government.

Shadow chief secretary to the Treasury Darren Jones said: "Jeremy Hunt's words will read hollow to the millions of people who have been left worse off after 14 years of economic failure."

By Nina Lloyd, PA Political Correspondent

Press Association: Finance

source: PA

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