PM: WE CAN AND WILL CUT TAXES

Rishi Sunak promises to reduce tax burden now inflation halved

- SAM LISTER

UPBEAT Rishi Sunak has promised tax cuts are finally on their way after meeting his pledge to halve inflation.

The PM promised that the Government "can and will" lower taxpayers' burden but said any changes would be made "responsibly".

Tory MPs have demanded help for workers and firms in tomorrow's autumn statement after taxation levels hit a high record However, Mr Sunak warned "We can't do everything at once" as expectations increased about how generous any tax reforms might be.

In a speech marking the first of his five key pledges to voters being ticked off, the Prime Minister declared: "We can begin the next phase and turn our attention to cutting tax."

Mr. Sunak laid out five longer-term aims for the economy and public finances: reducing debt; cutting tax and rewarding hard work; building domestic, sustainable energy supplies; backing British business, and delivering world-class education.

The PM suggested that alongside reducing the tax burden the Government would aim to squeeze welfare spending, getting people into work and clamping down on fraud.

Mr Sunak said he can move to the next phase of the Government's economic plan after inflation fell to 4.6% in October.