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Apr 12, 2024Rishi Sunak will set Britain on the path to lower taxes ahead of the next election once the economy improves, a cabinet minister has said.
In an interview with The Times Grant Shapps, the energy security and net zero secretary, said that once inflation had fallen the Tories “absolutely” would need to cut taxes.
He highlighted Sunak’s pledge during the Tory leadership contest to cut income tax from 20p to 16p by 2030, starting with a 1p cut next year.
“As a good Conservative the first thing I know is you need to sort out the macro picture, get growth into the economy, bring down inflation and deal with the longer-term debt,” Shapps said. “Once you’ve done that you can set your path to lower