The Latest Breaking News from Tax Cuts

Sunak says Thatcher would know Truss’s planned tax cuts ‘aren’t a sensible approach’

Leadership candidates clash over cost-of-living crisis at Birmingham hustings as campaign enters its final weeks

Tonight is the tenth of 12 events held around the country for Tory party members - who account for around 0.2% of the population - to probe the candidates before deciding who should be the next PM

Former chancellor says rival’s economic proposals could ‘spook international investors’

Speaking ahead of a hustings event in Birmingham, the former chancellor warned that the leadership favourite could cause spiralling inflation if she takes office

Truss’s hard Conservatism and tax cuts are a worry to the Tory left, says Spectator deputy political editor Katy Balls

Mel Stride says OBR must provide fiscal forecasts as Liz Truss urged to ‘come clean’ on promised tax cuts

Senior Tory says chancellor must help watchdog ‘publish independent forecast’ on economic impact of huge tax cuts

Taxation has turned out to be the main issue dividing the two candidates in the current Conservative Party leadership contest. While Rishi Sunak wants to hold off making tax cuts until after the cost of living crisis has been tackled, Liz Truss wants immediate reductions. She believes cutting taxes will…

Senior Tory MP Sir John Redwood has accused the former chancellor of flip-flopping over tax cuts that he once said were unaffordable

Tory leadership candidate says he is focused on race for No 10; energy bosses call for end to battle so new PM can tackle bills crisis