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Sunak Eyes Tax Cuts and an Autumn Election — If He Can Survive.
- Source :
- Bloomberg.com; 3/16/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Rishi Sunak, the UK Chancellor of the Exchequer, is considering implementing tax cuts and calling for an election in October or November to prevent a Conservative Party defeat. Sunak's advisers have suggested radical tax reduction measures, such as income tax cuts and property stamp duty reductions, to create a point of division with the opposition Labour Party. However, there are doubts about Sunak's ability to lead the party due to controversies surrounding him, including racist comments made by a top Tory donor and the defection of a former deputy chairman. Some Tories believe that the party is not ready for an election, but Sunak has not ruled out a vote this summer. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 176074646