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Jeremy Hunt rules out any tax cut that fuels inflation in autumn statement

Chancellor says he will not throw away hard work done to tackle rising prices amid calls for income tax cuts

Jeremy Hunt has hinted that Conservative MPs pressing for income tax cuts could be disappointed, as he insisted he would not take any measures in this week’s autumn statement to fuel inflation.

In what is likely to cause unease among MPs pressing for a move to shore up the party’s core vote, the chancellor said in a series of interviews that tax cuts were “not going to happen overnight”.

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