Article 62509 Javid denies Truss tax cuts plan will lead to increased borrowing

Javid denies Truss tax cuts plan will lead to increased borrowing

by
Aubrey Allegretti Political correspondent
from World news | The Guardian on (#62509)

Latest high-profile backer of Tory leadership candidate says proposals risky' but are not inflationary

Swingeing tax cuts pledged by Liz Truss will not lead to dramatically increased government borrowing or fuel inflation, her latest high-profile supporter, Sajid Javid, has claimed, in response to accusations the Conservative leadership frontrunner's dangerous" plans would exacerbate the cost of living crisis.

Taking aim at Rishi Sunak, his former Treasury protege, Javid hit out at the business-as-usual" approach from the former chancellor and added: We can't rely on increasing taxes again and again."

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