Sunak Says Truss Cost Of Living Scheme Big Problem For Rich And Big Business Conservative Leadership

On Saturday, Truss dismissed the “handouts” as a way to help people affected by the cost of living crisis. Instead, Truss said she would go ahead with the proposed tax cuts, which would be her primary way of helping people with the cost of living crisis. Speaking to the Financial Times, Truss said she would help households facing financial pressure but would do so “in a conservative way to reduce the tax burden, without handing out handouts”. Writing in the Sun on Monday, Sunak rejected that approach, saying: “Families are facing a long, hard winter with mounting bills. However, Liz’s plan to deal with this is to give a big boost to big business and the wealthy, leaving those who need help out in the cold.’ He added that what was worse was the fact that the Truce said it would “not provide immediate support payments to those feeling the sting the most”. The result of the Tory leadership contest will be announced on September 5. On Sunday, Truss was accused of another U-turn in a week after her campaign tried to downplay suggestions there would be no support payments to help millions of people struggling through an already worsening cost-of-living crisis this winter. It follows Truss being forced to abandon plans to cut public sector pay for roles outside London and the South East. Oliver Dowden, the former Conservative Party co-chairman who is backing Sunak for leader, said the Truss plans to cut national insurance would do little to ease the cost of living crisis. Speaking to Sky News, Dowden said: “This scale of immediate intervention is needed and I think it’s just proposed to cut the national insurance contribution – which will only help people on the lowest incomes working full time on the National Wage of less than 60 – not enough for this scale of challenge.” He added that unlike Truss, Sunak had a “bold and immediate action in response” to the current economic situation, in which the Bank of England has predicted a recession amid rising inflation. Subscribe to First Edition, our free daily newsletter – every morning at 7am. BST Truss supporter and former Northern Ireland Secretary Brandon Lewis said: “It’s a false premise to argue that you can’t deal with inflation while at the same time making sure people are better off.” On the tax cuts, he added: “We want to do both, we want to make sure we beat inflation and you can – beat inflation while still putting more money in people’s pockets. “I think it’s a false premise to argue that you can’t deal with inflation while at the same time making sure people are better off.”

title: “Sunak Says Truss Cost Of Living Scheme Big Problem For Rich And Big Business Conservative Leadership " ShowToc: true date: “2022-12-03” author: “Paul Mccullum”

On Saturday, Truss dismissed the “handouts” as a way to help people affected by the cost of living crisis. Instead, Truss said she would go ahead with the proposed tax cuts, which would be her primary way of helping people with the cost of living crisis. Speaking to the Financial Times, Truss said she would help households facing financial pressure but would do so “in a conservative way to reduce the tax burden, without handing out handouts”. Writing in the Sun on Monday, Sunak rejected that approach, saying: “Families are facing a long, hard winter with mounting bills. However, Liz’s plan to deal with this is to give a big boost to big business and the wealthy, leaving those who need help out in the cold.’ He added that what was worse was the fact that the Truce said it would “not provide immediate support payments to those feeling the sting the most”. The result of the Tory leadership contest will be announced on September 5. On Sunday, Truss was accused of another U-turn in a week after her campaign tried to downplay suggestions there would be no support payments to help millions of people struggling through an already worsening cost-of-living crisis this winter. It follows Truss being forced to abandon plans to cut public sector pay for roles outside London and the South East. Oliver Dowden, the former Conservative Party co-chairman who is backing Sunak for leader, said the Truss plans to cut national insurance would do little to ease the cost of living crisis. Speaking to Sky News, Dowden said: “This scale of immediate intervention is needed and I think it’s just proposed to cut the national insurance contribution – which will only help people on the lowest incomes working full time on the National Wage of less than 60 – not enough for this scale of challenge.” He added that unlike Truss, Sunak had a “bold and immediate action in response” to the current economic situation, in which the Bank of England has predicted a recession amid rising inflation. Subscribe to First Edition, our free daily newsletter – every morning at 7am. BST Truss supporter and former Northern Ireland Secretary Brandon Lewis said: “It’s a false premise to argue that you can’t deal with inflation while at the same time making sure people are better off.” On the tax cuts, he added: “We want to do both, we want to make sure we beat inflation and you can – beat inflation while still putting more money in people’s pockets. “I think it’s a false premise to argue that you can’t deal with inflation while at the same time making sure people are better off.”