Liz Truss rejects ‘handouts’ as way to tackle cost of living crisis

Liz Truss rejects ‘handouts’ as way to tackle cost of living crisis

The Conservative leadership frontrunner, Liz Truss, has rejected “handouts” as a way of helping people affected by the cost of living crisis. Truss said she would press ahead with proposed tax cuts despite claims they would fuel inflation and “kiss goodbye” to the Conservatives’ chances of winning the next election. With mounting pressure as households face a financial squeeze, the foreign secretary rejected handouts and insisted on tax cuts costing more than £30bn as the country spirals towards a recession. “Of course I will look at what more can be done,” Truss told the Financial Times. “But the way I would do things is in a Conservative way of lowering the tax burden, not giving out handouts.” Truss’s Tory leadership rival, Rishi Sunak, who has proposed tackling rising prices before …
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