LIZ Truss has promised to speed up cuts in national insurance premiums if she becomes the country's new prime minister next month.
She was originally scheduled to reverse the rise in April 2023- but if she wins her leadership contest, she could bring in within weeks. Yes, she says.
Team Her Truss has already promised an emergency budget to prevent an increase byRishi Sunak.
The Foreign Minister will cut taxes andsuspend environmental taxes on energy bills to stave off a severe year-long recession.
But her rival, Mr. Sunak, denounces her new plan, stating that she is "simply wrong."
The move will not be of much help to those most affected by the cost-of-living crisis, he argues.
Sunaksaid he was the mostable candidate to help ordinary Britons.
Either Mr. Truss or Mr. Sunak He will become Prime Minister on September 5th. National Health Insurance from April.
In the Sunday Telegraph, Ms. Truss said, "I want to address the cost of living crisis immediately." We will do it by injecting an emergency budgetand charting a solid path to grow the economy to help fund public services and the NHS," she said.
But her Sunak, who argued that inflation must be brought under control before taxes were cut,, the Sunday Timessaid: told to Don't do anything that makes it worse.
And he said that the British needed "clear realism, not starry boosterism." With less than £200 a year returned, he said, "it doesn't help much" for pensioners and low-income earners.
Former Labor Prime Minister Gordon Brown says Truss, Sunak andBoris Johnson must meet now to prepare an emergency budget. I came from
Contributing to the Observer, he said that the next increase in theenergy price cap would result in ``an economic loss for families in October. A time bomb will explode," he warned.
BLUE-ON-BLUE
According to a report commissioned by Mr Brown, some households are set to make their lives worse by £1,600 a year.
According to the study, the poorest households suffered three major hits to their income between October 2021 and October 2022. An annual increase in welfare payments below the current rate of inflation and a further increase in that energy.
"It is the urgent task of the next Prime Minister to get through this crisis and to ensure that families can live well afterward," Mr Brown said.
A government spokesperson said an additional £1,200 of him is already available for his 8 million most vulnerable households.
"Through our £37 billion support package, the July tax cuts will save average employees over £330 a year, and those with universal credit will earn £1,000 more. We can keep more and cut fuel taxes.5 pence saves a typical family £100," they added.
