Jeremy Hunt says families should be optimistic despite stagnating economy

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Jeremy Hunt says families should be optimistic despite stagnating economy
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The chancellor acknowledges times have been tough for households, but insists there is 'hope for the future' as he stresses the need to tackle inflation and again rules out tax cuts.

Families 'should feel optimistic' that the worst of the cost-of-living crisis is over, the chancellor has told Sky News. Acknowledging households have 'suffered enormously' from energy, food and fuel inflation in the last 18 months, Jeremy Hunt said they should now feel some relief despite the UK economy slowing to a halt in the third quarter of this year.

' Mr Hunt said his autumn budget statement in two weeks will be focused on delivering growth, but indicated most of the measures will be medium term and structural because of the fiscal constraints.

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