Rishi Sunak to REVEAL major tax cuts after Tory MPs urge PM to make party ‘electable’

Rishi Sunak has ordered his troops to prepare for tax cuts in the autumn, putting the Conservatives on an election war footing.

Treasury officials have been directed to prepare a bundle of gifts to be announced within the next few months.

The PM believes that allowing hardworking people to keep more of their earnings will help ease the cost-of-living crisis that millions are facing – and will help keep him in office.

A small team is working on a blueprint that will be revealed as soon as economic conditions allow.

“The Treasury is looking at what it can do in the Autumn Statement,” a government source said on Saturday night.

“Are taxes excessively high?” Yes. I believe we will act if inflation falls and the economic recovery continues.

“We have to earn money in order to give it back to people.”

Reducing the tax burden, which is currently the highest in 70 years, is considered as a critical vote-winner for the Conservatives as a general election comes increasingly closer for Mr Sunak.

Other concerns for the party include stopping migrant boats and cutting NHS waiting lists.

Chancellor Jeremy Hunt has said he will only sanction the tax move once he is confident the battle against inflation has been won.

But there have been encouraging signs that Britain may soon turn a corner after latest figures showed inflation is currently 8.7 percent. That compares with a peak of 11 percent last October.

And on Saturday night, it emerged Rishi Sunak is poised to announce a £1billion NHS investment to help fix the staffing crisis, it was reported.

The cash will help train doctors, dentists, nurses and midwives over five years.

Cuts to personal taxes, designed to put more money into voters’ pockets, are now top of the agenda. Tory MPs are also pushing for an increase in the inheritance tax threshold and cuts to corporation tax.

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