The Latest Breaking News from Tax Cuts

Liz Truss is expected to be named Prime Minister after a summer of vicious infighting. Her rival Rishi Sunak has landed a string of damaging blows along the way which could pose problems for the Tories

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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…