Former chancellor would delay cuts until inflation under control, while rival has pledged immediate cuts

Rishi Sunak would not cut personal taxes until at least autumn 2023 to avoid fuelling inflation, the Guardian understands.

The position is expected to be a clear dividing line between Sunak and his rival, Liz Truss, who has promised an emergency budget to cut taxes immediately.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Russia-Ukraine war live: Kyiv-backed peace talks begin in Malta – without Russia

Kremlin says event is ‘blatantly anti-Russian’ but more than 50 countries taking…

UK weather warnings brought forward as Arctic air arrives early

Yellow warnings for snow across part of Scotland, possibly leading to the…

The Guardian view on pandemic politics: we need cooperation, not confrontation | Editorial

Vaccinating the world is the only way out of Covid, but a…