LONDON (Reuters) – Liz Truss, the front-runner to turn into Britain’s subsequent prime minister, plans to hurry via tax cuts sooner than deliberate in an try to spice up the nation’s flagging financial system, the Sunday Telegraph reported.
Truss was contemplating accelerating by six months her plan to reverse this 12 months’s improve in social safety contributions which had been pencilled in for April 2023, the newspaper stated.
Advisors to Truss believed the lower may very well be launched inside days of an emergency price range that her authorities would ship in September, if she wins the ruling Conservative Occasion’s