Jeremy Hunt is under pressure from Conservative MPs to announce tax cuts ahead of the next election.
Chancellor Jeremy Hunt has said welfare reforms and the integration of artificial intelligence into the public sector could be the way to end the “vicious circle of ever-rising taxes”.
The Conservative Party is due to gather in Manchester on Sunday for the start of its annual autumn conference, with Tory grandees clamouring for tax cuts. Liz Truss, Prime Minister Rishi Sunak’s short-lived predecessor — who is expected to speak out in Manchester against the current taxation levels — said high taxes were the cause of the UK’s “stagnating” economy.
Ms Truss and 32 other Tory MPs, including former party chairman Sir Jake Berry, have reportedly vowed not to vote for the Chancellor’s autumn statement if it contains tax rises.With a general election expected next year, the Chancellor could use his spring Budget to unveil tax cuts ahead of the next Tory manifesto being published.Former prime minister Liz Truss has called for lower taxes
“We need a state that doesn’t just deliver the services it currently delivers, but actually improves the services it delivers and recognises that there’s going to be more calls on those services with an ageing population,” he said. On welfare reforms, he said that 100,000 people per year were “moving off work into benefits without any obligation to look for work” — a sign he said showed that the system is not working.
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