Britain’s Sunak will put government on crisis footing – Times interview

(Reuters) – Britain’s former finance minister Rishi Sunak, in the running to become the next prime minister, would put the government in crisis on “day one” of taking office, he said in a statement on Friday. interview with the Times.

Over the next week, Sunak intends to make the case that Britain faces a national emergency on five fronts, including the economy, the National Health Service and migration, the newspaper reported.

Liz Truss, Sunak’s rival for the top job, held a 24-point lead over him in a YouGov poll of Conservative Party members released on Thursday.

Inflation is the “number one challenge we face”, Sunak told the newspaper, adding that according to Truss’ plans, interest rates in the country could rise significantly.

Sunak said he plans to cut taxes, but only once inflation – currently at nearly 10% – is brought under control. He accused his rivals of making “fairy tale” promises on tax cuts.

Truss, who is currently Britain’s foreign secretary, has made further promises of tax cuts that will cost around 30 billion pounds ($36.01 billion) a year.

On Saturday, Truss will announce that all EU legislation transposed into UK law will be granted a ‘sunset’ clause by the end of 2023, the Telegraph reported. A decision will be made on whether to maintain, change or remove about 2,400 laws by then, Truss told the newspaper on Friday.

($1 = 0.8332 pounds)

(Reporting by Shivani Tanna in Bengaluru; Editing by Matthew Lewis)