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UK Prime Minister Rishi Sunak has announced plans to cut taxes after halving inflation, stating that controlling inflation is the first step in the approach to cutting taxes. Sunak also hinted at business tax cuts to boost economic growth and reduce the tax burden. The promise of tax cuts comes after meeting his inflation pledge, with further decisions on tax cuts and the date of the next UK general election planned for February. Sunak emphasized that his economic plans are not delivering austerity to the UK, and the recent reduction in National Insurance is just the beginning of a journey now that inflation is under control.