Rishi Sunak considers tax cut for top earners after byelection defeats

Tories may also reduce stamp duty in bid to win back voters and reduce pressure on PM, reports say

Rishi Sunak is considering a tax cut for the 5 million highest earners and reducing stamp duty in an attempt to ease the pressure on his leadership after two historic byelection defeats, it has been reported.

The Conservatives may raise the 40% income tax threshold after Labour's victory in Mid Bedfordshire, Nadine Dorries' former seat. It was the largest majority to be overturned at a byelection.