Tory hopeful Liz Truss rules out new taxes if elected PM

Tory leadership hopeful Liz Truss has ruled out introducing new taxes if she becomes the UK’s next prime minister.

The foreign secretary also hinted she would look at providing further support to businesses and households with soaring energy costs.

She also ruled out energy rationing – unlike her rival Rishi Sunak, who said it should not be taken off the table.

The pair were speaking at the final hustings of the leadership contest, with the winner announced next week.

Economic questions have dominated the race in recent weeks, amid rising inflation and soaring energy costs for households and firms.

Both candidates have come under pressure to spell out what they would do to help with energy if they replace Boris Johnson in Downing Street.

Ms Truss, tipped by pollsters as the favourite in the contest, has said she would reverse April’s National Insurance rise and temporarily ditch energy levies to help people cope with increased costs.

She has not given details of any further help…

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