Hunt says economic ‘feelgood factor’ will be stronger in autumn

Jeremy Hunt said the “feelgood factor” of interest rate cuts would be stronger in the autumn, in an apparent hint at the timing of the general election. The Chancellor insisted that “there’s all to play for” in the upcoming national vote, despite the Tories’ dire poll ratings, as it was “a choice about the future” and not “a referendum on how you feel right now”. Speaking to Bloomberg TV during a trip to New York on Tuesday, he said: “The feelgood factor as interest rates start to come down, as people start to feel higher real disposable incomes, will be stronger in people’s minds come the early autumn than it is now. “People have been through a very bruising period. “Obviously decisions about election timing are for the Prime Minister. “And were we to have an October election, as I’ve said before, it would be possible to have a fiscal event in September, but we would decide much nearer the time whether that was the right thing to do.” Rishi Sunak has said he intends to call an election in the second half of the year, with October or November seen by many as the favoured period. The latest possible...

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