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Evening Standard
Evening Standard
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Evening Standard Comment

The Standard View: Liz Truss faces a fiscal challenge with no easy answers

The Prime Minister faces a tough decision with no easy options. Rebels from within her own party are demanding that she jettisons key policies set out by the Chancellor in his mini-Budget.

A week ago at the Conservative Party Conference, the totemic issue for Tory rebels was the abolition of the 45p tax rate, a give-away to the highest earners. Facing opposition from within her own party, the Prime Minister reversed the policy. Now, attention is turning to another unfunded measure: the cut to corporation tax.

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