Posted 11/27/2023, 2:10:36 AM
Sunak rejects austerity claims, touts private investment despite growth concerns
- Sunak denies his policies will lead to austerity, says government spending substantial funds
- Sunak focuses on public sector efficiency and tax cuts over spending to refute austerity claims
- Comments come ahead of UK investment summit showcasing £29.5 billion in new private investments
- Sunak admits aiming to cut spending to fund tax cuts, going beyond recent national insurance cut
- Sunak remains optimistic on growth despite forecasts being downgraded and pressure over tax burden