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The Independent UK
The Independent UK
National
Sam Blewett

Tory contenders to succeed Boris Johnson warned against ‘unfunded tax cuts’

Boris Johnson Tory Tax Cuts Lamont Liz Truss Nadhim Zahawi Grant Shapps Kwasi Kwarteng Suella Braverman PA Graphics
PA Wire

Conservative candidates vying to replace Boris Johnson have been warned that a bidding war of unfunded tax cuts could lead to even higher inflation.

Chancellor Nadhim Zahawi pledged on Monday to cut income tax in 2023 and 2024 and abolish green levies on energy bills for two years.

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