UK recession: 'We expected growth would be weaker while tackling high inflation', says cha
The chancellor Jeremy Hunt has appeared to play down this morning's GDP news, saying that the government 'always expected the growth would be weaker' while they prioritise tackling inflation. Interest rates are due to fall to 2% "within the next few months" which would allow space for potential tax cuts, the chancellor says. Read more: https://news.sky.com/story/uk-economy-in-a-recession-13071973 #recession #chancellor #economy SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
