Dhaka, July 6 -- Britain's new finance minister, Nadhim Zahawi, said on Wednesday the government needed to rebuild and grow the country's struggling economy, and he would look at all options to do that including the possibility of tax cuts.

"I will look at everything, there is nothing off the table," he told Sky News, when asked whether he wants to cut taxes, reports Reuters.

Britain's economy is showing signs of a slowdown as inflation heads for double-digits and it is forecast to be weaker than other big industrialised economies next year.

Zahawi, who moved from the education ministry to the Treasury on Tuesday after the resignation of Rishi Sunak, said 2023 was shaping up to be tough and he would focus on the cost-of-living squeeze ...