UK's Liz Truss still favours tax cuts over direct support on energy bills

LONDON -Liz Truss, frontrunner within the race to switch Boris Johnson as British prime minister, mentioned on Tuesday she nonetheless favoured tax cuts to develop the economic system as an alternative of offering direct help to households dealing with unprecedented rises in power payments.

Charities, enterprise teams and politicians have known as on Truss and her rival, former finance minister Rishi Sunak, to set out how they'd assist Britons address a forecast 82% rise in power costs in October.

Sunak, who as finance minister in Might set out a 15 billion pound ($18.14 billion) help package deal to assist households combating surging power payments, has pledged extra direct help. Truss has mentioned she favours tax cuts over handouts.

Requested repeatedly why she was ruling out offering direct help to households, Truss informed reporters: “What I don’t imagine in is taxing folks to the very best stage in 70 years, after which giving them their very own a reimbursement.”

Truss has promised an emergency funds if she wins.

“I’m not going to put in writing the funds prematurely. We’ll see what the scenario is like within the autumn, however I’m dedicated to creating certain individuals are supported,” she mentioned.

A spokesperson for Sunak’s marketing campaign mentioned Truss was “divorced from actuality”.

“Liz’s plan won't contact the edges (remotely suffice) for almost all of British households this winter and pensioners will get no assist in anyway,” the spokesperson mentioned.

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