Badenoch to offer tax cuts as Tories pitch ‘credible alternative’ to Labour
Expectations are growing that Kemi Badenoch will announce “multiple” tax cuts in her flagship speech at the Conservative Party conference, with announcements on national insurance and inheritance tax set to take centre stage. The Tory leader is looking to boost her support base among Britain’s middle classes as she warned that an early election would [...]
Conservative Party leader Kemi Badenoch is expected to unveil "multiple" tax cuts during her keynote address at the upcoming Conservative Party conference. The focus will likely be on national insurance and inheritance tax reductions. The party aims to appeal to Britain's middle classes, who are increasingly concerned about economic pressures.
Badenoch has been a vocal advocate for fiscal responsibility and public spending restraint. The party recently committed to halving employers' national insurance contributions for workers aged 21 to 24, reducing the tax rate from 15% to 7.5% for this demographic. Shadow Chancellor Andrew Griffith accused the government of raising employers' national insurance contributions by £25 billion.
Badenoch has previously expressed concern over inheritance tax, arguing that it disproportionately affects middle-class families who often employ trusts to avoid the tax. She emphasized that tax cuts would only be implemented if they are fiscally sustainable and promote economic growth. The party has also warned that an early election could result in a hung parliament, citing the close margins of voting shares for Reform UK, the Conservatives, and Labour.
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