{
  "id": 12129058,
  "title": "Shadow chancellor to unveil Tory plans to cut taxes and regulations",
  "url": "https://urgent.news/2026/10/05/shadow-chancellor-to-unveil-tory-plans-to-cut-taxes-and-regulations",
  "topic": "world",
  "section": "World",
  "published": "2026-10-05T09:57:06.000Z",
  "source": {
    "name": "BBC Business",
    "slug": "bbc-business",
    "url": "https://www.bbc.co.uk/news/articles/cqj9kje82jm1o?at_medium=RSS&at_campaign=rss"
  },
  "original_language": "en",
  "account": "Conservative party's shadow chancellor Andrew Griffith is set to present his economic plans during the party's conference in Birmingham. His proposals include cutting taxes, reducing regulations, and increasing house-building costs. Griffith and his team will also address food costs, support for Heathrow Airport expansion, and the abolition of Natural England and the Environment Agency.\n\nGriffith promises his approach will be the \"most ambitious deregulation project\" in a generation. He emphasized the importance of infrastructure development, supporting the expansion of Heathrow airport, and ensuring a system for efficient infrastructure development. He reiterated his support for keeping the triple lock on pensions, a controversial policy proposed by Prime Minister Andy Burnham.\n\nGriffith aims to portray the Tories as the party of deregulation, cheaper homes, lower taxes, and less bureaucracy. He plans to accuse Burnham of pursuing a \"socialist fever dream\" and promises to deliver cheaper homes, lower taxes, and less red tape. Labour Party chairwoman Bridget Phillipson criticized the Tories for failing to grow the economy during their 14 years in power and failing to help people get onto the housing ladder.\n\nThe Conservatives have proposed ditching environmental and energy efficiency regulations, including the future homes standard, and implementing a single levy for developers to replace existing community funding schemes. They believe this could reduce the cost of building a new home by up to £50,000. The party also wants to abolish Natural England and the Environment Agency, with their roles to be taken over by the Department for the Environment, Food and Rural Affairs (Defra). They plan to scrap the Extended Packaging Responsibility scheme, which would reduce the burden on businesses and potentially lower the cost of weekly groceries.",
  "summary": "Shadow ministers will unveil a series of policies on day two of the Conservative Party conference in Birmingham.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}