The Latest Breaking News from Tax Cuts

Treasurer Jim Chalmers says the government is keen to hear from as many groups as possible at the upcoming jobs and skills summit, including the opposition.

This Conservative leadership contest is getting weirder. It started out straightforwardly enough. Rishi Sunak was the MPs’ favourite (though at no stage did he command anything approaching majority support) with a pitch based on ‘sound money’ and tax cuts soon but not now.

The Tory leadership contender said tax cuts are her priority to kick-start the economy.

Foreign secretary previously said she did not want to give ‘handouts’ to people struggling with cost of living

Foreign secretary promises tax cuts ‘from day one’ if she becomes PM

Liz Truss, the frontrunner in the race to replace Boris Johnson as British Prime Minister, said on Tuesday she still favoured tax cuts to grow the economy instead of providing direct support to households facing unprecedented rises in energy bills.

The blue-on-blue attacks hit their lowest ebb yet as the Deputy Prime Minister, Dominic Raab, warned her tax cuts are 'bad politics' that 'could prove fatal'

Tory frontrunner says tax cuts and spending could cost £30bn, but analysis shows a much higher price

Admission comes as Sunak says rival’s tax cuts won’t ‘won’t touch the sides’ for poorest families