UK's Hunt says November tax cuts 'virtually impossible'

British finance minister Jeremy Hunt said tax cuts were "virtually impossible" and that he had difficult decisions ahead of a fiscal update in November, LBC reported on Thursday, citing an interview.

Commenting on the lack of fiscal headroom he expects to have, Hunt said: "It makes life extremely difficult, it makes tax cuts virtually impossible and it means that I will have another set of, frankly, very difficult decisions."

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