Jeremy Hunt attempts to draw general election dividing line over tax - UK politics live

The chancellor is expected to attempt to draw up an election battle line between the Conservatives and Labour over tax

Jeremy Hunt has started by saying he wants to dispel two myths about the British economy: “Firstly that our economy is doing worse than other similar countries. And secondly, that there’s not much difference between the economic policies of the two main parties.”

He says Rishi Sunak and him have “put the economy back on its feet”. He said it is recovering from three massive shocks: “the consequences of the financial crisis, a once in a century pandemic, and the 1970s style energy shock caused by the invasion of Ukraine.”