LONDON: “Sunak Set to Reveal Tax-Cutting Manifesto in the UK”, British Prime Minister Rishi Sunak will promise voters “financial security” and tax cuts when he unveils his Conservative party manifesto on Tuesday (Jun 11), following a disastrous week that even led to rumours he might quit.
“We Conservatives have a plan to give you financial security,” he will say, according to extracts of his speech released in advance.
“We will enable working people to keep more of the money you earn because you have earned it and have the right to choose what to spend it on,” the speech added.
Months of polling data have consistently indicated a grim outlook for Rishi Sunak and the Conservative party, suggesting a significant defeat to the main opposition Labour party in the upcoming July 4 general election. This sustained trend has raised concerns within the Conservative ranks about their electoral prospects under Sunak’s leadership.
Rishi Sunak’s challenging political landscape has recently become even more arduous with Nigel Farage’s announcement of running for an MP seat, adding to the pressure. Additionally, the Prime Minister faced widespread criticism for his early departure from D-Day commemoration events, further complicating Sunak’s electoral path.
He is now trying to get his campaign back on track by focusing on tax cuts. “We know what Socialists always do – take more of your money,” Sunak was due to say on Tuesday.
Sunak has accused Labour, led by Keir Starmer, of wanting to increase the tax burden on households although the figures are in dispute.
The Tories are expected to pledge to abolish stamp duty up to the value of £425,000 (US$540,000) for first-time home buyers, with reports suggesting they will also promise another two-pence cut to national insurance paid by employees and employers for state health, unemployment and pensions.
