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.