Liz Truss has pledged to cut taxes “immediately” if she wins the race for No 10, a plan condemned by rival Rishi Sunak as insufficient to help the most vulnerable amid the worsening cost-of-living crisis. Ms Truss said she would use a September emergency budget to reverse the national insurance rate rise brought in by Mr Sunak when he was chancellor. “Contrast that with whoever the prime minister is, they’re going to get a benefit of about £1,800. The survey of 2,011 people also found that 64% are finding it difficult or impossible to pay energy bills. Tory MP Damian Hinds conceded the package of support Mr Sunak drew up as chancellor was not enough in these “extraordinarily difficult times”, and suggested more would come if he became prime minister.

Source: The Times August 07, 2022 11:08 UTC