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Former finance minister, Sunak has vowed to end price hikes as UK prime minister – SABC News

Former finance minister Rishi Sunak will make his home as Britain’s next prime minister on Tuesday, vowing to fight rising prices before joining the challenging Conservative Party. promises tax cuts.

Sunak resigned as finance minister last week, announcing the fall of Boris Johnson who a few days later said he would come down amid a full-blown uprising by Conservative lawmakers.

“We want to go back to the traditional Conservative economic values ​​- that means honesty and responsibility, not fiction,” Sunak hopes to say at the start of his campaign, according to his teammates, who jbe and his opponents promised an immediate reduction. for business or tax.

Sunak, who oversaw the city’s response to COVID-19 infection and provided nearly $ 400 billion ($ 481) in economic support, is one of the favorites to replace Johnson and has the most support among lawmakers. Conservatives are the ones who express public interest.

According to his team, Sunak will promise to reduce taxes as soon as the increase, which reached a 40-year high of 9.1% in May, is under control.

Sunak will say, “I had to make some of the most difficult choices in my life when I was Chancellor, especially how to deal with our debt and loans after COVID.”

“My message to the party in the country is simple: I plan to lead our country through these winds. As soon as we hold on to inflation, I will lower the tax burden. It’s a ‘when’ question, not ‘it’. be ‘.

While Sunak’s popularity with the public rose during the epidemic, some Conservative lawmakers stepped up when he raised wages in April to support health care spending and higher health care, and announced plans to raise taxes. head office well in 2023.

His condition was also reported after it was revealed that his wife, the daughter of an Indian, one of the founders of the giant IT Infosys, was not paying British taxes on her foreign income using the “non-home” status available for foreigners doing it. Britain is not considered their permanent home.

He later said he would start paying Britain’s taxes and earning a living worldwide.

Former finance minister, Sunak has vowed to end price hikes as UK prime minister – SABC News

Source link Former finance minister, Sunak has vowed to end price hikes as UK prime minister – SABC News

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