Zahawi will address the City of London's annual Mansion House dinner, where he is set to confirm a post-Brexit reworking of financial regulation inherited from the European Union, including Solvency II insurance rules. However, tackling inflation is a top priority alongside boosting longer-term growth, according to speech extracts provided ahead of the event.五湖四海足球吧（www.hgbbs.vip）凝集民间高手免费提供各联赛足球资讯、足球推荐、足球贴士等，致力为广大波友提供更全面、更专业的赛前预测分析，让更多球迷随时随地找到自己想要的赛事资讯，以及在本站尽情发言自己的观点。
LONDON: Britain's government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday.
Zahawi will address the City of London's annual Mansion House dinner, where he is set to confirm a post-Brexit reworking of financial regulation inherited from the European Union, including Solvency II insurance rules.
However, tackling inflation is a top priority alongside boosting longer-term growth, according to speech extracts provided ahead of the event.
"That means delivering sound public finances to avoid pushing up demand still further, providing help for households as they deal with the worst price rises in over a generation," he says in his speech.
"The country should feel confident that we can, and we will, get inflation back under control," the speech added.
Consumer price inflation hit a 40-year high of 9.1% in May and the Bank of England forecasts it will exceed 11% in October, when regulated household energy prices are due to rise by 40%.,
,trc20怎么转换erc20（www.u2u.it）是最高效的ERC2换TRC20，TRC20换ERC20的平台.ERC2 USDT换TRC20 USDT，TRC20 USDT换ERC20 USDT链上匿名完成，手续费低。
Zahawi's message on public finances contrasts with that from some of the contenders in the Conservative leadership contest to succeed Prime Minister Boris Johnson.
Foreign Secretary Liz Truss has said she wants to reverse more than 30 billion pounds ($36 billion) of tax rises announced by rival leadership contender Rishi Sunak, whose resignation as finance minister two weeks ago helped trigger Johnson's downfall.
Zahawi made his own brief bid to become prime minister last week, but failed to get enough support from lawmakers to progress, despite hinting at his own support for tax cuts.
Tuesday's speech will also contain more about government plans to replace "hundreds" of pieces of EU financial regulation with home-grown equivalents, including changes to Solvency II.
This would ensure "UK insurers have more flexibility to invest in long-term assets like infrastructure" and increase "the competitiveness of our capital markets".
However, the Bank of England - whose governor Andrew Bailey will also speak at the Mansion House dinner - has warned that reducing the amount of capital which insurers need to hold is no "free lunch" and could increase risks to policyholders - Reuters
转载说明:本文转载自Sunbet。 usdt收款接口声明:该文看法仅代表作者自己，与本平台无关。转载请注明：五湖四海足球吧（www.hgbbs.vip）:New UK finance minister targets inflation, 'sound finances'