Robert Jenrick said the first task was to tackle the “great evil” of inflation. Photo: Peter Nicholls/Getty Images
Tax cuts are on the way if Rishi Sunak hits his inflation target, a Cabinet Office minister has suggested.
Robert Jenrick said the government would «think about what else we should do» to ease the tax burden once price increases are brought under control.
Mr Jenrick said “everyone wants to cut taxes” but the first priority was tackling the “great evil” of inflation, which persisted last month, dealing a blow to Mr Sunak’s progress on his five priorities.
The consumer price index was unchanged at 6.7 percent for the year to September, missing economists' forecasts of a fall to 6.5 percent.
Speaking to the BBC on Sunday morning, Mr Jenrick said: “We all want tax cuts. Everyone wants tax cuts. We Conservatives believe in cutting taxes and that is one of the central tenets of conservatism.»
He said that once inflation was under control, «we will look at what else we should do,» adding: «You You can trust the Conservatives to make smart, prudent decisions about the future of the economy and cut taxes where they can. «.
It comes after allies of Liz Truss, the former prime minister, called on Mr Sunak to cut the size of the state and » give people their own money back.»
In an article for The Mail on Sunday, Sir Jacob Rees-Mogg, a former cabinet minister, said: «It's time for the Tories to stop beating our own voters with policies that make them worse off, or woke nonsense that offends them.” p>
“Instead, we need to start reducing the size of the state, offer tax cuts that give people their own money back, and provide a solution to the problem of migration.”
Sir John Redwood, a former minister, also called for a “supply-side revolution”, calling on the government to “remove the punitive tax on the self-employed” and provide “an immediate reduction in taxes on household fuel and motor fuel”. /p>
He told The Telegraph: «The Chancellor is very negative, along with the OBR [Office for Budget Responsibility] and the Bank of England, and they are doing too much to drive the economy into the sand, thinking that is the only way to save the economy.» bring down inflation.
“That's why I say [we need] a big shake-up of economic policy with a decent budget to get more conservative people on board. If you don't do this now, people will say that you are just covering up for the elections, and we don't believe you.»
Warning Mr Sunak, he added: «Unless he gets the Chancellor to change his approach and have this budget, then the party will be extremely unhappy and will be very difficult to govern.»
In the King's speech on 7 November is said to be another opportunity for Mr Sunak to set out his vision, while Jeremy Hunt's autumn statement will take place on November 22 — although the spring budget appears to be a more likely time for him to propose pre-election tax cuts in a bid to win votes.< /p>
Mr Hunt's future has also been the subject of speculation, with The Observer suggesting he may not stand at the next election because he fears he could lose his seat in a «Michael Portillo» moment — link to a cabinet minister whose defeat made headlines when New Labor came to power in 1997.
But a spokesman for the Chancellor said: “Jeremy Hunt will stand as the Conservative Party candidate for Godalming and Ash in the next general elections. »
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