Foreign Secretary Liz Truss entered the race to replace Boris Johnson as U.K. premier, the latest cabinet minister to make her move in an already fractious contest.
Truss made tax cuts the heart of her campaign, vowing to reverse a payroll tax hike that was introduced by former chancellor Rishi Sunak and pledging to make corporation tax “competitive.”
“Under my leadership, I would start cutting taxes from day one to take immediate action to help people deal with the cost of living,” she wrote in the Daily Telegraph on Sunday night.