Truss vs Sunak at the latest: Raab warns Foreign Secretary’s tax cut plans are an ‘election suicide note’

Gordon Brown says tax cuts proposed by Liz Truss ‘don’t help people who need help’

If Liz Truss goes ahead with her proposed tax cuts, it will be an “election suicide note” for the Conservative Party, the Deputy Prime Minister has warned.

Dominic Raab, a supporter of former Chancellor Rishi Sunak, said Ms Truss was wrong to propose tax cuts and not present plans to protect people from the cost of living crisis.

“If we go into the country with an emergency budget in September that won’t measure up to the task at hand, voters won’t forgive us as they see their standard of living erode and the financial security ‘they cherish disappearing before their very eyes,’ Mr Raab said. said, writing for The temperature.

“Such a failure will unmistakably read to the public as an electoral suicide note and, as sure as night follows day, will see our great party cast into helpless oblivion by the opposition.”

Earlier Boris Johnson rejected calls to introduce an emergency cost-of-living budget, restore regular Cobra meetings and recall Parliament amid growing calls for urgent action.

Mr Johnson’s official spokesman said those matters would rather be for “a future Prime Minister to decide”.

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Lib Dem leader says October energy price hike must be stopped

Lib Dem leader Sir Ed Davey accused the two Tory leadership hopefuls of being in a ‘parallel universe’ as he called on the government to ‘cancel the energy price hike of october”.

He told BBC Radio 4’s Today programme: “We all know energy prices are going to rise dramatically in October, but we haven’t heard anything from either of the candidates in the Conservatives as Prime Minister. They have no plan, it’s almost as if they live in a parallel universe.

“The Liberal Democrats are now releasing our plan and what we are saying is that the government should reverse the October energy price hike. If so, it will avoid a social catastrophe. Millions of families and retirees will be hungry and cold this winter unless bold measures like those proposed by the Liberal Democrats are put in place. They must act now.

He added: “The poorest 10% of households spend three times more of their income on energy than the richest 10%, so this will help the poorest by far, but even low and middle income people are going to get a body hit with this hike, so it’s only fair that we need this bold move.

Without this measure, argued Sir Ed, the economy will go into recession.

He added: “First of all, we need a much bigger windfall tax. The Liberal Democrats were the first party to push for a windfall tax on oil and gas companies. Unfortunately, Rishi Sunak’s proposal is far too timid and weak…what we are proposing is that this windfall tax should have started from the profits of October last year.

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Civil service talks with Truss’ team would be ‘amazing’, says Sunak ally

Senior Tory MP Mark Harper – a supporter of Rishi Sunak – was asked about a report by the i newspaper that officials had started talks with Camp Truss about implementing his proposals, but did not start any discussions with Camp Sunak.

“I would expect the civil service to work on those two [candidates] proposals,” he told Times Radio.

When asked if it would be a slap in the face for Sunak, Harper replied, “That would be amazing. These conversations should be authorized by the Prime Minister, so perhaps this is a question you should ask Downing Street.

Harper said people could be ‘quiet’ the former chancellor would provide more ‘targeted’ support on the cost of living this winter.

Harper compared her pledges with Liz Truss, saying she had “ruled out donations” by prioritizing tax cuts.

“Targeted, limited support for a period has much less impact than permanent, large, unfunded tax cuts, which are financed by borrowing,” he said.

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Liz Truss’ economic vision and cost of living dominate UK newspapers

Liz Truss’ economic vision and Dominic Raab’s warning about his fiscal risks of emergency tax cuts featured prominently in many UK newspapers this morning.

The IndependentBoris Johnson’s front page leads to refusal to take emergency action in the face of rising cost of living.

Independent Front Page August 9

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Tory leader Ms Truss sets out her ‘bold’ economic vision at the Daily Express, as the Foreign Secretary insists she is ‘on the side’ of the British people.

But Deputy Prime Minister Dominic Raab says Ms Truss’ emergency tax cut budget risks becoming an ‘election suicide note’ for the Tories, according to The temperature and The Guardian.

See more front pages here:

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Rishi Sunak reportedly targets Whitehall savings to fund winter cost-of-living aid

Rishi Sunak is reportedly urging departments in Whitehall to save money to help fund cost-of-living support for millions during an “extremely difficult” winter.

The former chancellor has said his plan, if he becomes prime minister, is to keep any one-time borrowing to an “absolute minimum” by seeking “efficiency savings” across all ministries.

His team said the approach would aim to replicate previous measures used to fund support for Ukraine.

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Liz Truss reiterates vow to introduce police targets to cut ‘key crimes’ by 20% despite warnings

Liz Truss reiterated her vow to set targets for police to ‘reduce key crimes by 20%’, despite growing warnings about the potential consequences.

During a visit to a youth center on Monday alongside former Tory leader Iain Duncan Smith, the current leader outlined her crime policy.

In particular, they plan to order the police to reduce serious crime by 20% compared to 2019 levels, by the end of the current legislature in 2024.

Learn more about Lizzie Deden here:

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Boris Johnson urged to end ‘drift summer’ with Sunak and Truss

Boris Johnson is facing growing calls to end a ‘drift summer’ and take action on the cost of living crisis as he has been accused of letting down hard-line Britons by refusing to offer a new help or even to hold emergency meetings.

Labor said the Government’s failure to act on spiraling inflation showed it had ‘lost control’ of the economy after No 10 rejected the former Prime’s appeal Minister Gordon Brown to dismiss Parliament and an emergency budget.

The head of the Confederation of British Industry (CBI) backed Mr Brown’s call for immediate action, urging Mr Johnson to meet Tory leadership rivals Liz Truss and Rishi Sunak to discuss potential help on rising energy bills.

Learn more about Adam Forest and Ben Chapman:

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Ed Davey calls on next Prime Minister to scrap October energy bill price cap increase

A planned increase in the energy price cap in October should be scrapped by the next prime minister and the cost covered by a one-off tax on oil and gas companies, the Liberal Democrat leader said.

Sir Ed Davey said neither of the Tory leadership candidates – Liz Truss or Rishi Sunak – had grasped the enormity of the challenge people face this autumn as the cost of living crisis is expected to s worse for millions of British households.

Experts have predicted that the energy price cap could reach £3,358 a year from October and rise to £3,615 from January. In October 2021 the average energy bill was £1,400 per year.

Joe Middleton has more details:

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Raab Calls Truss’ Tax Cut Plans ‘Election Suicide’

If Liz Truss goes ahead with her proposed tax cuts, it will be an “election suicide note” for the Conservative Party, the Deputy Prime Minister has warned.

Dominic Raab, a supporter of former Chancellor Rishi Sunak, said Ms Truss was wrong to propose tax cuts and not present plans to protect people from the cost of living crisis.

“If we go into the country with an emergency budget in September that won’t measure up to the task at hand, voters won’t forgive us for it as they see their standard of living erode and the financial security ‘they cherish disappearing before their very eyes,’ Mr Raab said. said, writing for The temperature.

“Such a failure will unmistakably read to the public as an electoral suicide note and, as sure as night follows day, will see our great party cast into helpless oblivion by the opposition.”

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welcome to The Independents UK Politics blog from August 9, 2022 where we provide the latest news on the Tory leadership race and all things buzzing in Westminster.

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