British Prime Minister Boris Johnson has said he wants tax cuts to be implemented “sooner rather than later”, as he warned that his government might not protect Britons from inflation of close to 10 percent by spending more.
“There is no government in the world that can afford to use taxpayer money to fully protect everyone,” Johnson was quoted as saying by Bloomberg News Agency on Thursday in a speech in Blackpool, northern England. It “you have to be careful not to increase inflationary pressure. We cannot settle the increase in the cost of living by raising wages just to keep up with rising prices.”
