UK Chancellor Hunt, hemmed in by debt, set to focus on growth in British budget

, a heavy COVID-19 hit and double-digit inflation have left it lagging behind its peers,” reported Reuters ahead of a budget speech to the UK parliament at around 12:30 GMT.

"In the autumn we took difficult decisions to deliver stability and sound money," Hunt is due to say, according to excerpts of his budget speech."Today, we deliver the next part of our plan: A budget for growth," he will add reported Reuters.Hemmed in by his promise to lower the burden of Britain's 2.5 trillion pounds of debt, Hunt will seek to tackle some of the causes of Britain's long-term economic funk.

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