Tory beauty contest: The tax cut and spending pledges by leadership hopefuls

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Tory beauty contest: The tax cut and spending pledges by leadership hopefuls
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There are policies being placed in front of Tory MPs as the clock ticks down to the close of nominations but the catwalk is witnessing something of a catfight when it comes to the economy.

It is for that reason that any big shift towards pledges of splashing the cash would be seen as duplicitous and he has come under fire from allies of the soon-to-be ex-PM.

Mr Sunak is worried about the national debt and adding to that burden through more giveaways beyond theThe ex-health secretary, whose resignation sparked the downfall of Mr Johnson, has also served as chancellor. These are: Scrapping the rise in corporation tax from 19% to 25% and the national insurance levy. He would also bring forward Mr Sunak's plan while in government for an income tax cut.The current chancellor, who claims to have been targeted with a smear campaign over his personal wealth, has been accused by the Sunak camp of a"fairytale" tax plan.

Mr Zahawi says his blueprint is fully costed and cutting taxes is the responsible thing to do in a cost of living crisis.Nadhim Zahawi: 'I've paid my taxes'The foreign secretary has vowed to cut taxes"from day one" in the event she lands the keys to Downing Street.The trade minister has set out her stall for targeted help with rising living costs while maintaining responsibility for the public finances.

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