Hunt to promote low-tax and private sector ‘re-tooling’ of industry

Chancellor also expected to tell markets that government spending will remain within strict limits

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Jeremy Hunt will defend the government’s vision for Britain’s economic future, in a speech to City executives in London on Friday when he will lay out plans for investment and growth.

The UK chancellor will say that he wants to promote policies that allow the private sector to re-tool the UK’s industrial base and re-skill the workforce to generate strong growth over the next decade.