Chancellor says budget will aim to break down barriers that stop people from working, and give people hope

Jeremy Hunt has said there is a “hard road to follow” to return the UK to prosperity, but said his budget will show a plan to improve opportunities and grow the economy.

Amid calls from Conservative backbenchers for more widespread tax cuts, including to corporation tax, the chancellor said Wednesday’s budget had to create a stable environment for business, but added: “Within the bounds of what is responsible, we will always look to reduce the tax burden.”

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