LONDON (AP) — U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling, but that any cuts will come along with a squeeze on welfare benefits. British media have reported that there will be relief for businesses and wealthy property-owners in Hunt’s autumn budget statement on Wednesday. Hunt told Saturday's Daily Telegraph newspaper that the British economy had “turned the corner.” He said that “there is a path to reducing the tax burden, and a Conservative government will take that path.” “Without preempting the decisions that the prime minister and I make, this is an autumn statement for growth.