Priority is to cut taxes, says Rishi Sunak before spring statement

Chancellor believed to be considering cut in fuel duty among measures to tackle cost of living crisisRishi Sunak has promised that tax increases are “done”, as he dropped a heavy hint that he is preparing measures to tackle the rising cost of living in next week’s spring statement.The Institute for Fiscal Studies (IFS) said this week that Sunak had announced more tax rises in two years – worth 2% of GDP – than Gordon Brown did in a decade. Continue reading...