Sunday 7 August 2022 10:34 PM Tory leadership hopefuls are criticised for not doing enough to ease cost of ... trends now
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Liz Truss yesterday vowed to cut taxes ‘immediately’ if she becomes prime minister to help families struggling with the cost of living.
The Tory leadership favourite would use an emergency Budget next month to reverse the national insurance hike brought in by former chancellor Rishi Sunak earlier this year.
It was thought she would spike the hike in April, but her campaign team now believes it could be scrapped within weeks of taking office.
Mr Sunak’s campaign team warned the move would boost the earnings of full-time workers on the national living wage by just £59.
Both leadership contenders yesterday faced criticism that they had ‘inadequate’ plans to deal with the spiralling costs.
Miss Truss was also accused of performing another U-turn over remarks last week when she insisted tax cuts, not ‘handouts’, would help families with rocketing fuel bills this winter.
Liz Truss speaks at an event as a part of the campaign to be leader of the Conservative Party and the next prime minister at the stadium of Solihull Moors FC on Saturday
Leadership hopeful Rishi Sunak pictured during his first visit to Scotland as part of his Tory election campaign
Foreign Secretary Ms Truss watching the athletics during the Commonwealth Games in Birmingham on Saturday
Ms Truss pictured at an event at Solihull Moors FC as part of her Tory leadership campaign
Ms Truss arrives to give a speech as part of her Tory leadership campaign in Birmingham on Saturday
Penny Mordaunt, one of her