Britain’s Foreign Secretary, Liz Truss, has confirmed her participation in the race to become the Conservative Party’s new leader.
The confirmation was made on Sunday, making her the 10th contender in the race.
Recall that Prime Minister Boris Johnson was forced to resign, following allegations of corruption levelled against him.
Writing in The Telegraph, Truss said: “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 also promised to reverse the national insurance increase that came in during April while also making sure “We keep corporation tax competitive so we can attract business and investment into Britain, and put the Covid debt on a longer-term footing”.
Truss, however, argued that it isn’t right to be putting up taxes now. And as a leader, she would take “immediate action” to assist with living costs.
She pledged to keep corporation tax competitive, hinting that she wants to look again at Sunak’s plans to hike the rate next April.
Truss said she would “get the private sector growing faster than the public sector, with a long-term plan to bring down the size of the state and the tax burden”.
Truss said her plan would get the country back on track towards becoming a “high-growth and high-productivity powerhouse”.
“It is built on a clear and longstanding Conservative philosophy, including bold supply-side reform,” she added.
Truss would be contesting against trade minister Penny Mordaunt, former health secretaries Sajid Javid and Jeremy Hunt, ex-chancellor Rishi Sunak, his successor Nadhim Zahawi, and Transport Secretary Grant Shapps.
Senior backbencher Tom Tugendhat and former minister Kemi Badenoch have also thrown their hats into the ring.
Britain’s Foreign Secretary, Liz Truss, has confirmed her participation in the race to become the Conservative Party’s new leader.
The confirmation was made on Sunday, making her the 10th contender in the race.
Recall that Prime Minister Boris Johnson was forced to resign, following allegations of corruption levelled against him.
Writing in The Telegraph, Truss said: “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 also promised to reverse the national insurance increase that came in during April while also making sure “We keep corporation tax competitive so we can attract business and investment into Britain, and put the Covid debt on a longer-term footing”.
Truss, however, argued that it isn’t right to be putting up taxes now. And as a leader, she would take “immediate action” to assist with living costs.
She pledged to keep corporation tax competitive, hinting that she wants to look again at Sunak’s plans to hike the rate next April.
Truss said she would “get the private sector growing faster than the public sector, with a long-term plan to bring down the size of the state and the tax burden”.
Truss said her plan would get the country back on track towards becoming a “high-growth and high-productivity powerhouse”.
“It is built on a clear and longstanding Conservative philosophy, including bold supply-side reform,” she added.
Truss would be contesting against trade minister Penny Mordaunt, former health secretaries Sajid Javid and Jeremy Hunt, ex-chancellor Rishi Sunak, his successor Nadhim Zahawi, and Transport Secretary Grant Shapps.
Senior backbencher Tom Tugendhat and former minister Kemi Badenoch have also thrown their hats into the ring.
