PM signals that business tax cuts more likely than personal ones as he sets out ‘next phase’ of government’s economic plan

Rishi Sunak has hinted at business tax cuts to boost economic growth as he promised to reduce the tax burden “carefully and sustainably” and “over time”.

In a speech on Monday the prime minister declined to give any specifics before the autumn statement, but stressed the focus was “very much the supply side” of the economy in a signal that business tax cuts are more likely than personal ones.

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