Mel Stride claims efficiency drive will protect public services after IFS thinktank predicted further austerityRishi Sunak has described the £2bn investment in the Nissan plant in Sunderland as evidence of the confidence that investors have in the government’s economic strategy.Speaking to the media as he visited the factory with Jeremy Hunt, the chancellor, Sunak said:We’ve just had a track record now of company after company committing to the UK … BMW, Stellantis, Tata with their largest investment outside of India that we announced earlier this year, and now here Nissan in Sunderland, our largest car manufacturer. All of them committing money to the UK, building the next generation of electric vehicles here in the UK, creating and safeguarding thousands of jobs across the UK.All of those companies think we’re doing the right thing, they actually welcome the changes that we made in the autumn statement recently to make sure that we cut taxes for businesses like this that are investing. They think we’ve got our strategy right as we approach net zero, and they think this is a fantastic place to be. Continue reading…
Source link : https://www.theguardian.com/politics/live/2023/nov/24/ifs-austerity-autumn-statement-rishi-sunak-jeremy-hunt-nissan-uk-politics-live
Author : Andrew Sparrow
Publish date : 2023-11-24 10:38:25
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Minister rejects claim that Hunt’s autumn statement means more austerity – UK politics live
