Britain can be a NEW Silicon Valley: Former Chancellor JEREMY HUNT made a fortune as a digital entrepreneur. Now, in the final extract from his thought-provoking new book, he says we must cut State spending to unleash the animal spirits of technology

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I had been Chancellor of the Exchequer for barely a month when it fell to me to deliver the 2022 Autumn Statement, in which I had to tackle a nightmare £72billion black hole.