DOWNING Street is considering slashing VAT in a bid to help struggling families battle the cost of living crisis, it is reported. The proposals to cut VAT from the headline figure of 20 per cent co…
It has contributed to strikes or threats of industrial action by workers across transport services, schools, postal services and hospitals.
The PM said he would not "rule out" cutting tax as families continue to feel the squeeze from the cost-of-living crisis. Pressed on whether the tax will be slashed further he said: "We want to make sure that those cuts are properly passed on to the consumer."and businesses after his double by-election drubbing.
Fighting to get back on the front foot after losing two by-elections and the shock resignation of his party chairman, he told reporters: "I'm not going to pretend these are brilliant results".
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