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Analysis: Race for Downing Street drives tax policy split into UK Conservatives

Differences over how to revive Britain's slow-growth, high-inflation economy could hardly be starker within the ruling Conservative Party as the two remaining contenders to become its new leader, and thereby prime minister, clash over tax.

by | 21 Jul, 2022

Rishi Sunak wants continuity of the economic policies he introduced as finance minister, promising to keep his focus on fixing the public finances, despite the risk of a recession.

The former hedge fund partner, who helped to trigger the leadership race when he quit the Treasury this month, has dismissed as “fairy tales” the promises of tax cuts made by other would-be successors to Boris Johnson.

Read more at Reuters

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