Boris Johnson said yesterday that personal tax cuts will have to wait until inflation declines.

Boris Johnson said yesterday that personal tax cuts will have to wait until inflation declines.

Tory MPs broke ranks to urge No. 10 to reduce taxes in order to boost growth, as Britain teetered on the brink of recession.

However, Mr. Johnson stated: "I understand that we need to lessen taxation, and we will certainly do so.

Inflation is spiking right now, so we need to take care of people as we go through it.

We will do that.

Over the next year, inflation will only gradually start to come down after hitting ten percent by Christmas.

According to Bojo, workers will not get major tax cuts until then.

During April and March, the economy contracted by 0.3% and 0.1% respectively.

There is a desperate plea from Tory MPs for Mr Johnson to stop listening to No 11 bean counters and cut levies in order to boost economic growth.

Construction, production and services all fell.

In his opinion, the UK government is the only advanced country to increase taxes this year and next.

Inflation and rising energy costs are wreaking havoc on businesses, according to former minister Steve Brine.

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