The International Monetary Fund yesterday previously overturned gloomy forecasts by giving the UK the biggest upgrade of any leading nation.
It now expects the economy to shrink by 0.3 per cent this year - half of the fall previously expected before growing by one per cent in 2024.
The prediction fuelled a tax-cut clamour among Conservatives in the face of speculation Mr Hunt is planning an autumn blitz to put more money in people's pockets.
MP Sir John Redwood said: "We need tax cuts now, the sooner the better. There is a big real income squeeze under way.
"We also need tax cuts on business investment because the much higher corporation tax rate is doing great damage to future investment plans and hitting new jobs.
Agenda
"I've always thought the Government should take VAT off domestic fuel and I'm against general tax subsidy money-go-round in the energy sector where they offer subsidies and impose extra taxes." Senior Tory David Jones said:
This story is from the April 12, 2023 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 12, 2023 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Howe defends spent promises
'RULE CHANGES HURT TOON'
Business as usual for Tigers despite missing Cheika
MICHAEL CHEIKA'S right-hand man at Leicester shrugged off the head coach's absence from today's clash at Newcastle after his touchline ban.
Ex-policewoman charged after paddleboard tragedy
A FORMER policewoman has been charged with gross negligence manslaughter following the deaths of four people in a paddleboarding incident.
Country star lashes out at 'hush money' rape claims
COUNTRY singer Garth Brooks has insisted that rape claims made against him by a stylist are a \"hush money\" shakedown.
Michel Roux: 'Potato Gate exit from BBC still hurts
MICHEL Roux Junior is still simmering at the BBC 10 years after he says he was forced out of MasterChef over a \"Potato Gate\" row.
Airstrikes threaten evacuations
IRAN'S CALL TO ARMS AS BRITISH AND U.S. HIT HOUTHI TARGETS
MONTELL: I'VE BEATEN THE BEST...BUT I'VE MET MY MATCH DANCING IN HEELS
SHE is formidable as Fire on TV's Gladiators, but Montell Douglas has finally met her match on Strictly-high heels.
PM's £22bn bid to capture carbon
SIR Keir Starmer rubbed shoulders with factory workers as he pledged nearly £22billion to capture and store carbon emissions from energy, industry and hydrogen production.
APOLOGY AFTER PROBE FINDS WOMEN SUBMARINERS SUFFERED MISOGYNY AND BULLYING
NAVAL personnel have been sacked after a probe uncovered \"intolerable\" misogyny and bullying on board nuclear-armed submarines.
Boris: Cameron wrong to quit after EU vote
BORIS Johnson has criticised David Cameron for quitting as PM after Britain voted to leave the European Union.