Business Maverick: UK’s Sunak tells Truss to choose tax cuts or energy support

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Rishi Sunak has told Liz Truss, his rival and the front-runner in the race to be the next UK prime minister, she can’t deliver both support for struggling British households this winter and stick to her flagship policy of tax cuts.

The way to tackle the cost of living crisis, caused by soaring energy and food bills, has become a key point of difference in the two candidates’ campaigns to replace Boris Johnson. Sunak, the former Chancellor of the Exchequer, is pledging more direct aid while Truss stresses the importance of allowing people to keep more of their money.

will be for the three-month period beginning in October. Consultancy Auxilione estimates that will leave the average bills near £3,600 , up from £1,971 currently.Mail on Sundayon Sunday

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh yes she can!!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: China seeks to stabilise property market with loans, lower ratesBanks in China lowered their benchmark lending rates while authorities stepped up support for the property market with additional loans, an attempt at bolstering waning business and consumer sentiment as the economy struggles.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Junk nations risk muted future for debt sales as liquidity diesSeptember, historically the busiest month for high-yield sovereign bond sales, is set to disappoint this year as the risk of aggressive US rate hikes keep junk-rated nations on the sidelines.
Source: dailymaverick - 🏆 3. / 84 Read more »

Workers in UK down tools as inflation crushes earningsWorkers in UK down tools as inflation crushes earnings: Sectors from rail to postal strike as rising food and energy prices hurt millions of Britons
Source: mailandguardian - 🏆 2. / 92 Read more »