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The Guardian - UK
The Guardian - UK
Politics
Aubrey Allegretti

How Liz Truss dug in over pledge to axe corporation tax rise

Liz Truss and Kwasi Kwarteng
Liz Truss and Kwasi Kwarteng both extolled the virtues of lower corporation tax. Photograph: Reuters

Liz Truss put adherence to principle at the heart of her bid for the leadership of the Conservative party, often using her support for cutting corporation tax to illustrate a wider preference for letting people and businesses keep more of their own money.

However, now the policy has been mooted as one of those that could be chopped to help fill a £65bn black hole of unfunded revenue loss in the mini-budget.

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