Economics and fiscal debate focus debate among candidates to replace Johnson

Date:

Truss and Sunak also compete until September 5 to become the new leader of the Conservative Party

The economy and fiscal policy were at the center of Monday night’s first election debate between the two candidates to succeed Boris Johnson as head of the British government and head of the Conservative Party. British Foreign Secretary Liz Truss and former British Chancellor of the Exchequer Rishi Sunak fought in front of the BBC cameras to win the favor of some 200,000 party members called to vote this summer. The winner will be announced on September 5.

Truss appears to have an advantage according to a YouGov poll of 730 members of the Conservative Party. 62% of them voted in favor of the so-called new Margaret Thatcher, while 38% will support Sunak, according to what Bloomberg collected last Friday.

During the debate, while the former British Chancellor of the Exchequer defended not cutting taxes until inflation is under control, Truss opted for an “immediate” response by undoing the hike in some taxes and a “temporary moratorium” on the tax. to enter. , as reported by ‘The Guardian’.

Britain’s Foreign Secretary argued that a tax hike at this point would hurt the economy and push the country into recession, defending “acting as soon as possible” to ease the burden on families to pay for food and energy. to pay. Likewise, Truss has announced an economic growth plan that would reverse a recent controversial increase in social security contributions, as well as a plan for the UK government to pay the debt within three years, as ‘The Independent’ has picked up. .

For his part, Sunak assured that the tax cuts his rival plans to implement would leave a £40,000million (£47,000m) hole in the public coffers, stressing that his plan offers long-term solutions to “cure” the UK’s costs. of livelihood crisis. “We need to get inflation under control,” he said. “You have promised nearly £40 billion in unfunded tax cuts, and £40 billion more in loans. That’s the country’s credit card. If we don’t pay for it now, it will cost you and anyone looking at home a lot more in the long run,” Sunak said, also talking about his intention to cut taxes “at the right time and without disrupting public services.” endangering”.

On the other hand, when asked if they wanted Boris Johnson in their Executive, both candidates said ‘no’, albeit with unequal strength. “I’m sure he’ll get a part. I’m sure he’ll speak, but he won’t be part of the government,” the head of British diplomacy said, stressing she was one of Johnson’s early supporters. However, Truss assured the still British ‘Prime Minister’ would not want a future role in the Executive. “He needs a well-deserved rest,” he said.

Sunak was more direct in answering the question, “The simple answer for me is no.” Still, the former head of the Treasury has acknowledged some of Johnson’s “deeds”, such as finding a solution to Brexit or his result in the last election. “By providing a solution to Brexit and winning an election is a 10 out of 10, give him credit, probably no one else could have done it.”

Source: La Verdad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

A truce as a deal”? – Discusses “last chance” before attack in Rafah

According to information from Cairo, there is some movement...

Alarmed by mother – drunk man attacked girlfriend and police officers

Because he had rebelled and behaved aggressively towards his...

Cell phone hidden – man secretly filmed girl in airplane toilet

A former flight attendant has been charged in...

How to get that damn CO2 out of the air

Climate change will fundamentally change many things. You...