Liz Truss is poised to slash stamp duty in her first mini-Budget this week as part of efforts to kickstart economic growth.
The Prime Minister is preparing for tax cutting blitz on Friday in her first fiscal event, where she is expected to axe plans to raise corporation tax, reverse the hike in national insurance and end a cap on bankers’ bonuses.
Ms Truss and Chancellor Kwasi Kwarteng are reportedly planning to cut stamp duty, which is levied on purchases of property and land above a certain price.
