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UK's Sunak says cutting taxes is now his mission

Wed, 27th Oct 2021 19:02

LONDON, Oct 27 (Reuters) - British finance minister Rishi
Sunak said he had to raise taxes to help pay for his huge
spending response to the coronavirus crisis but going forward he
wanted to cut taxes.

"My mission over the rest of this parliament is for taxes to
be going down by the end, not up. That's what I want to
deliver," Sunak said during an online discussion organised by
his Conservative Party.

Sunak earlier on Wednesday delivered a budget statement to
parliament. Britain's budget forecasters said the state's tax
take was on course to be its biggest since the 1950s, thanks to
big tax hikes announced in March and September.

(Writing by William Schomberg; editing by Costas Pitas)

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