Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday Telegraph reported.
Truss was considering accelerating by six months her plan to reverse this year's increase in social security contributions which had been pencilled in for April 2023, the newspaper said.
Truss, writing in the Sunday Telegraph, said she wanted to "immediately tackle the cost of living crisis by cutting taxes, reversing the rise on National Insurance and suspending the green levy on energy bills." "It’s simply wrong to rule out further direct support at this time as Liz Truss has done and what's more her tax proposals are not going to help very significantly, people like pensioners or those on low incomes," he said.
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