Britain must take advantage of its Brexit "freedoms" to boost prosperity and counter incorrect claims of economic "gloom", Jeremy Hunt will say today.
The Chancellor will deliver a major speech later this morning as he sets the scene for the Budget in March.
Speaking at Bloomberg’s European headquarters in London just after 9am, Mr Hunt is expected to say that the UK "should not shy away from the biggest challenge we face which is our poor productivity".
He will say: "Our plan for long term prosperity tackles that challenge head on. It is a plan necessitated, energised and made possible by Brexit which will succeed if it becomes a catalyst for the bold choices we need to take.
"Our plan for growth is a plan built on the freedoms which Brexit provides. It is a plan to raise productivity."
Mr Hunt is expected to say that post-Brexit reforms will be implemented in the coming months which will unlock £100 billion of private investment in the UK this decade.
The Chancellor will say "declinism about Britain was wrong in the past - and it is wrong today" and claims of economic "gloom" are based on "statistics that do not reflect the whole picture".
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