Jeremy Hunt prioritises tackling inflation over tax cuts amid pressure from Tory MPs

The video discusses the importance of controlling inflation to achieve a 2% target, emphasizing that sound money is crucial for economic stability. It highlights that reducing inflation is more beneficial than tax cuts, as it increases consumer purchasing power. The video also explains that sustainable growth is impossible without addressing inflation, which deters investment and erodes consumer confidence. Finally, it connects inflation control with the prime minister's economic priorities of growing the economy and reducing debt, stating that inflation management is a prerequisite for these goals.

What is the primary focus when aiming to deliver sound money?

• Reducing public borrowing

• Increasing public sector pay

• Cutting taxes

• Increasing inflation

How does reducing inflation benefit individuals financially?

• By increasing public sector wages

• By providing more tax cuts

• By putting more money into people's pockets

• By increasing borrowing

What is necessary for sustainable economic growth?

• Raising taxes

• Eliminating inflation

• Increasing public spending

• Increasing consumer confidence

What does tackling inflation unlock according to the prime minister?

• Higher public sector wages

• More tax cuts

• Increased borrowing

• Economic growth and debt reduction

Why must controlling inflation come first in economic priorities?

• It directly increases public sector pay

• It allows for more borrowing

• It is easier to achieve than other goals

• It is a prerequisite for economic growth and debt reduction