Chancellor Kwasi Kwarteng said he was “sticking to the growth plan announced in his mini-budget”.
The plans announced on Friday have caused market turmoil and the Bank of England has stepped in to prevent some pension funds from collapsing.
In a rare rebuke, the International Monetary Fund openly criticized the UK government for its tax cut plan.
However, Mr Kwarteng told reporters on Thursday his priorities are sticking to the plan and cutting energy bills.
Kwasi Kwarteng told the PA news agency: “We are sticking to the growth plan and we will help people with energy bills. Those are my two top priorities.”
This is the first time Mr Kwarteng has publicly commented on the plans since Sunday, when he hinted that more tax cuts are on the way.
His comments came after Prime Minister Liz Truss spoke to a number of BBC radio stations on Thursday morning, where she insisted the tax cuts outlined in the mini-budget were the “right plan”.
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