The new UK finance minister outlines his priorities


Britain’s new finance minister Nadhim Zahawi arrives for TV interviews in London, Britain, July 6, 2022. REUTERS/Phil Noble

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LONDON, July 6 (Reuters) – Britain’s new finance minister Nadhim Zahawi outlined his priorities for the economy in a series of interviews early on Wednesday, hours after being appointed to replace Rishi Sunak.

Below are the highlights:

ABOUT ITS OPTIONS:

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“I will look at everything, there is nothing off the table,” he told Sky News when asked about a possible tax cut.

ABOUT HIS PRIORITIES

“The important thing is to get inflation under control, to be fiscally responsible,” he told Sky News.

“The first thing we have to do is make sure we’re really careful, whether it’s public sector pay, that inflation doesn’t continue to be fueled.”

“Today we are facing a global fight against inflation.”

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Reporting by Kate Holton, editing by Elizabeth Piper

Our Standards: The Thomson Reuters Trust Principles.



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