Wednesday, November 30, 2022
Home LATEST NEWS Liz Truss's economic plan to save Britain

Liz Truss’s economic plan to save Britain

The affairs of governing the UK resume this week after mourning for the queen Isabel IIand new prime ministers liz truss seems determined to make a good start. Press leaks suggest several major policy announcements that will culminate in a new tax cut plan on Friday. His calculation is that the Conservatives need an economic recovery to get their groove back.

Ms. Truss will reverse a 2.5 percentage point payroll tax increase imposed by her predecessor, Boris Johnson, and freeze the top corporate rate at 19% instead of raising it to 26% as Mr. Johnson intended . She and the new Chancellor Kwasi Kwarteng it will also eliminate certain green levies on household energy bills.

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