Liz Truss has said tax cuts that favour the rich are “fair” and promised only vague action on energy bills in a week’s time. Truss is the racing certainty to be declared the new Conservative leader and Prime Minister on Monday but has still to say how she would deliver help on the winter energy crisis.
She told the Sunday with Laura Kuenssberg programme that she was focused on growth and tax cuts but would not be drawn on specifics of what action she would take to help people with energy bills. Truss said “inevitably” tax cuts benefit the wealthiest more as they pay the most tax.
Calculations show that Truss’s planned reversal of a recent rise in national insurance would benefit top earners by around £1,800 and the lowest earner by about £7 a year.