Raab warns Truss’ tax cut plans are ‘electoral suicide note’ – live

Raab warns Truss’ tax cut plans are ‘electoral suicide note’ - live
Johnson rejects calls to introduce emergency cost-of-living budget

Powered By Pixels

Close

Gordon Brown says Liz Truss’ proposed tax cuts ‘don’t help people who need the help’

If Liz Truss pushes ahead with her proposed tax cuts it will be an “electoral suicide note” for the Tory party, the deputy prime minister has warned.

Dominic Raab, a supporter of former chancellor Rishi Sunak, said it was wrong for Ms Truss to propose tax cuts and not lay out plans to protect people from the cost of living crisis.

“If we go to the country with an emergency budget in September that fails to measure up to the task in hand, voters will not forgive us as they see their living standards eroded and the financial security they cherish disappear before their eyes,” Mr Raab said, writing for The Times.

“Such a failure will read unmistakenly to the public like an electoral suicide note and, as sure as night follows day, see our great party cast into the impotent oblivion of opposition.”

Earlier, Boris Johnson rejected calls to introduce an emergency cost-of-living budget, reinstate regular Cobra meetings and recall parliament amid mounting pleas for urgent intervention.

Mr Johnson’s official spokesperson said such matters would instead be up to “a future prime minister to decide”.

1660028458

Lib Dem leader says October’s energy price hike must be stopped

Lib Dem leader Sir Ed Davey has accused both Conservative leadership candidates of being in a “parallel universe” as he called on the Government to “cancel the October energy price rise”.

He told BBC Radio 4’s Today programme: “We all know that energy prices are going to go up dramatically in October, but we’ve heard nothing from either candidate of the Conservatives for prime minister. They’ve got no plan, it’s almost as if they’re living in a parallel universe.

“Liberal Democrats are now publishing our plan and what we’re saying is the Government should cancel the October energy price rise. If it does, it will avoid a social catastrophe. Millions of families and pensioners will go hungry and cold this winter unless bold measures like Liberal Democrats are proposing is put in place. They’ve got to act now.”

He added: “The poorest 10% of households pay three times as much of their income on energy as the richest 10%, so it’s going to help the poorest the most by a long way, but even people on modest and middle incomes are going to have a body blow with this rise, so it’s right that we need this bold measure.”

Without the measure, Sir Ed argued, the economy will go into recession.

He added: “First of all, we need a much bigger windfall tax. Liberal Democrats were the first party to argue for a windfall tax on the oil and gas companies. Unfortunately Rishi Sunak’s proposal is far too timid and weak … what we’re proposing is that this windfall tax should have started from profits from October last year.”

1660026698

Civil service discussions with Truss team would be ‘extraordinary’, says Sunak ally

Senior Tory MP Mark Harper – a Rishi Sunak backer – has been asked about a report in the i newspaper that civil servants have started discussions with Truss camp about implementing her proposals, but have not begun discussions with the Sunak camp.

“I would expect the civil service to be working on both of those [candidates] proposals,” he told Times Radio.

Asked if it would be a slap in the face for Sunak, Harper said: “That would be extraordinary. These conversations would have to be authorised by the prime minister, so perhaps it’s a question you should direct to Downing Street.”

Harper said people could be “peace of mind” that the former chancellor would provide more “targeted” support on the cost of living this winter.

Harper compared his pledges with Liz Truss, saying she had “ruled out handouts” by prioritising tax cuts.

“Targeted, limited support for a period has much less of an impact than permanent, large unfunded tax cuts, that are funded by borrowing,” he said.

1660025256

Liz Truss’ economic vision and cost of living dominates UK newspapers

Liz Truss’ economic vision and Dominic Raab’s warning over her emergency tax-cutting budget risks featured prominently in many UK newspapers this morning.

The Independent‘s front page leads with Boris Johnson’s refusal to take emergency action over the rising cost of living.

<p>Independent front page 9 August </p>

Independent front page 9 August

Tory leadership frontrunner Ms Truss lays out her “bold” economic vision to the Daily Express, as the foreign secretary insists she is “on the side” of the British people.

But deputy prime minister Dominic Raab claims Ms Truss’s emergency tax-cutting budget risks becoming an “electoral suicide note” for Conservatives, according to The Times and The Guardian.

See more front pages here:

1660023479

Rishi Sunak would target Whitehall savings to fund cost-of-living winter help

Rishi Sunak would press Whitehall departments to make savings to help fund cost-of-living support for millions of people during an “extremely tough” winter.

The former chancellor said his plan, if he becomes prime minister, involves keeping any one-off borrowing to an “absolute minimum” by seeking “efficiency savings” across government departments.

His team said the approach would aim to replicate previous measures used to fund support for Ukraine.

Read more:

1660022130

Liz Truss repeats vow to introduce police targets to cut ‘key crimes’ by 20% despite warnings

Liz Truss has reiterated her vow to set police targets to “cut key crimes by 20 per cent”, despite mounting warnings over the potential consequences.

During a visit to a youth centre on Monday alongside former Conservative leader Iain Duncan Smith, the current leadership frontrunner outlined her crime policies.

They include plans to order police to reduce serious crimes by 20 per cent below 2019 levels, by the end of the current parliament in 2024.

Read more from Lizzie Dearden here:

1660021122

1660021111

Boris Johnson urged to end ‘summer of drift’ with Sunak and Truss

Boris Johnson is facing growing calls to end a “summer of drift” and take action on the cost of living crisis, as he was accused of failing hard-up Britons by refusing to offer fresh help or even hold emergency meetings.

Labour said the government’s failure to act on spiralling inflation showed it had “lost control” of the economy after No 10 dismissed former prime minister Gordon Brown’s call for the recall of parliament and an emergency Budget.

The head of the Confederation of British Industry (CBI) backed Mr Brown’s call for immediate intervention, urging Mr Johnson to meet Tory leadership rivals Liz Truss and Rishi Sunak to discuss potential help on soaring energy bills.

Read more from Adam Forrest and Ben Chapman:

1660020014

Ed Davey calls for next PM to scrap October’s energy bill price cap increase

The expected energy price cap increase in October should be scrapped by the next prime minister and the cost covered with a windfall tax on oil and gas companies, the Liberal Democrat leader has said.

Sir Ed Davey said neither of the Tory leadership hopefuls – Liz Truss or Rishi Sunak – had grasped the enormity of the challenge that people are facing this autumn, as the cost of living crisis is set to get worse for millions of UK households.

Experts have predicted that the energy price cap could rise to £3,358 annually from October, and could hit £3,615 from January. In October 2021 the average energy bill was £1,400 a year.

Joe Middleton has more details:

1660019147

Raab calls Truss’ tax cut plans ‘electoral suicide’

If Liz Truss pushes ahead with her proposed tax cuts it will be an “electoral suicide note” for the Tory party, the deputy prime minister has warned.

Dominic Raab, a supporter of former chancellor Rishi Sunak, said it was wrong for Ms Truss to propose tax cuts and not lay out plans to protect people from the cost of living crisis.

“If we go to the country with an emergency budget in September that fails to measure up to the task in hand, voters will not forgive us as they see their living standards eroded and the financial security they cherish disappear before their eyes,” Mr Raab said, writing for The Times.

“Such a failure will read unmistakenly to the public like an electoral suicide note and, as sure as night follows day, see our great party cast into the impotent oblivion of opposition.”

Joe Middleton has more:

1660018143

Welcome to The Independent’s UK politics blog for 9 August 2022 where we provide the latest on the Tory leadership race and everything that is buzzing in Westminster.

コメントを残す

メールアドレスが公開されることはありません。