Politics

Rishi Sunak ‘confident’ he will cut taxes before next election – as he battles more by-election woe


RISHI Sunak says he is confident he will cut taxes before the next election — as he faced more by-election woe.

The PM is on target to halve inflation to below 5.3 per cent by the end of the year — and could lower taxes next spring.

In a speech yesterday, PM Rishi Sunak said: 'I want to deliver a lower tax economy for the country.'

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In a speech yesterday, PM Rishi Sunak said: ‘I want to deliver a lower tax economy for the country.’Credit: Getty

Speaking in London yesterday, Mr Sunak said: “I want to deliver a lower tax economy for the country. And I’m confident we will.

“But first we have to make sure inflation is brought down.”

Inflation stands at 6.7 per cent — with experts expecting a significant fall in November due to the decline in the cost of energy.

The latest polling shows Labour has a 20-point lead, and Mr Sunak was asked whether he would offer tax cuts to try win the election due next year.

He told reporters: “I’ve always been clear that of course I want to cut people’s taxes — I’m a Conservative, I believe in doing that.

“But the priority when I became Prime Minister was to bring inflation down.

“That is very much following in the tradition of Margaret Thatcher and Nigel Lawson. And I believe that is the right economic policy.”

His comments came as the Tories face another awkward by-election in Northamptonshire after Tory MP Peter Bone was formally suspended from the House of Commons on Wednesday.

A recall petition will now be held in his Wellingborough seat — with the signatures of ten per cent of voters needed to trigger a poll.

North Northamptonshire council confirmed yesterday that the petition would open on November 8 and close on December 19, so any by- election would slip into 2024.

But Labour urged Mr Bone to quit immediately and spare constituents the hassle of the recall process.





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