Kemi Badenoch to US: Britain is ‘going for growth in a big way’ with tax cuts

Kemi Badenoch has used her first overseas visit as Trade Secretary to spruik the Government’s economic strategies as “going for growth in a big way”. There has been controversy since the Chancellor last week announced his mini-Budget, which included plans to cut taxes to the benefit of the most wealthy. Ms Badenoch told investors at the fifth annual Atlantic Future Forum hosted on the HMS Queen Elizabeth, moored in New York, the strategies were necessary due to a “global growth slow-down”. “Right now, there’s a global growth slow-down underway,” she said. “And if you’ll forgive the pun, we need all hands on-deck to get the world economy’s wheels spinning again. “And that’s why in the UK we’re going for growth in a big way. And in fact some of you may have heard some major reforms we announced on Friday, to achieve this.” The former Tory leadership candidate outlined a number of the Government’s strategies to the forum, where UK businesses across the defence and technology sector aimed to attract US investors. “We’re keeping corporation tax at the lowest in the G20 at 19% – not cutting, keeping,” she said. “We’re creating low-tax investment zones around the country, to make it...

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