Brown hints at tax cuts

Tax cuts could be used to push the UK out of recession, Prime Minister Gordon Brown has said, amid mounting speculation they will be included in the upcoming Pre-Budget Report. ‘What I am determined to do is to get all countries around the world trying to get their economies moving again and one way you can do that is by putting more money into the economy by tax cuts or by public spending rises,’ he told GMTV. It is the PM’s strongest hint yet that Chancellor Alistair Darling will use his autumn mini-Budget, due in the coming weeks, to unveil a package of tax cuts, reported to be worth up to £15 billion and aimed at cutting household bills for families hit by the credit crunch.