The Liz Truss camp has said the Tory leadership front-runner is leaning towards targeted support over help for all to ease the cost of living crisis, but maintained she is not “ruling anything out” at this stage.
As the contest enters its final week, the country is still in the dark about exactly how either candidate would act to take the sting out of sky-high energy bills this winter.
Various possibilities have been floated, with Mr Sunak’s team warning that cutting VAT by five per cent across the board would be “regressive” amid reports over the weekend his rival was considering the move as a “nuclear” option.