The Latest Breaking News from Tax Cuts

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.

As the Tory leadership hopefuls clash over when to reduce taxes, the public are more concerned with maintaining funding

The Foreign Secretary said she would do things in a ‘Conservative way’.

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

This week Sajid Javid played another political blinder. He was the first to offer his resignation from Boris Johnson’s government, tipping Rishi Sunak into action, which in turn caused a resignation stampede. It is the former Chancellor who has taken the main brunt of accusations of disloyalty, but it was…

Liz Truss’s campaign has argued for implementing tax cuts quickly, while the Sunak campaign has warned against too much borrowing.

IF Liz Truss becomes prime minister, homeowners in the UK could face a steep rise in their mortgage payments, Rishi Sunak has claimed.

On most issues – from immigration and equalities to tax cuts – the two candidates for PM are hugely out of step with voters, says Guardian columnist Polly Toynbee

Foreign Secretary Liz Truss has emerged as the frontrunner in the Tory leadership race as she dukes it out with Rishi Sunak to succeed Boris Johnson. Here we look at what a Truss premiership could mean