10 Jul 2022

Are tax cut promises a ‘fairytale’? MPs in race for Tory leadership make tax cut pledges

Former Defence Secretary Penny Mordaunt became the ninth MP officially to declare her candidacy to be the next Tory leader this morning.

Meanwhile a selection of her rivals were up early to set out their stalls on the Sunday political shows. Many of them emphasised their firm intention to cut taxes – a marked contrast to the pitch from former Chancellor and current front-runner Rishi Sunak.