Liz Truss will be unveiling bold new plans to potentially cut taxes for workers who live in geographically deprived areas of the UK this Friday.
claims the new prime minister wants to create ‘investment zones’ and full plans will be revealed in a coming ‘mini budget’.Businesses which move to and invest in ‘investment zones’ will have their levies slashed and be freed from red tape – such as eco rules which can block new development.
Senior cabinet members backing the prime minister’s proposals believe this will kick start growth in poor areas, create jobs and help level up Britain.But the plans have sparked criticism from fellow Conservatives, such as Rishi Sunak – who previously said they would pour ‘fuel on the fire’.If the new government’s plans go ahead, they could spark controversy throughout the nation.
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