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The Guardian - UK
The Guardian - UK
Politics
Pippa Crerar in New York

Liz Truss pledges to review tax rates amid cost of living crisis

Liz Truss United States Kwasi Kwarteng Economy Income Tax Sky News
Liz Truss speaks to the media at the top of the Empire State Building in New York
Liz Truss speaks to the media at the top of the Empire State Building in New York on Tuesday. Photograph: Toby Melville/Reuters

Liz Truss has vowed to review all tax rates to help struggling households and businesses through the cost of living crisis, in her latest break from Treasury orthodoxy.

The prime minister’s remarks, on her first foreign trip to the US, pave the way for a radical overhaul of the system that could include looking again at income tax brackets.

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