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Reuters
Reuters
Business

UK's Liz Truss ready to speed up tax cut plan, newspaper says

Liz Truss Bank of England Sunday Telegraph ​​Rishi Sunak Britain Conservative Party Inflation Tax Cuts
Conservative leadership candidate Liz Truss speaks at a hustings event, part of the Conservative party leadership campaign, in Eastbourne, Britain, August 5, 2022. REUTERS/Peter Nicholls

Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday Telegraph reported.

Truss was considering accelerating by six months her plan to reverse this year's increase in social security contributions which had been pencilled in for April 2023, the newspaper said.

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