Sunak (pic) backtracked fast. There would be no “horror show” of taxes in November’s budget, he assured fellow MPs. For the chancellor, the favoured child of a luckless government, this was a serious reality check.
IN the UK, Conservative party campaign ads often warn of “tax bombshells” about to be dropped by a profligate Labour party. Yet allies of Chancellor Rishi Sunak recently briefed the media about a Tory “tax bombshell” to pay for the billions splurged by the government during the Covid-19 crisis.
An explosion duly followed in the ranks of his party.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
