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Good morning from the financial Times. Today is Friday, January 19th, and this is your

FT news briefing. More tax cuts could be coming for the UK,

and the conflict in the Red Sea

is raising questions about price increases.

Plus, you've heard about chat, gpt,

but what about death, GPT?

Just as you can use language and you can mind that language for words to predict words and sentences in chat

GPT, you can use data about life events to predict mortality.

I'm Mark Filipino and here's the news you need to start your day. UK Chancellor Jeremy Hunt wants to cut taxes again before this year's general election.

He said yesterday that he'd need more data to make his decision, but that's the direction

he wants to go in. Hunt's Conservative Party is 20 points behind

labor in the polls, so Hunt is under a ton of pressure to announce new tax cuts before the election.

He already announced a 20 billion pound tax cut back in

November to try and boost growth. Hunt added that he would not want to fund the

tax cuts by borrowing money. That's how former Prime Minister Liz Truss's tax

cuts were supposed to be paid for and we all know how that ended. A total meltdown

in the guilt markets and a new record set for the shortest serving Prime Minister.

The big economic story over the past year has been inflation and that it's finally getting under control.

But the conflict in the Red Sea between Yemen's Houthi rebels, the US, and a bunch of other countries has people concerned over one of the world's

biggest trading routes. Sam Fleming has been looking into the economic impact of

...