Sunak promises £17bn tax cut

Mr Sunak appeared in high spirits as he took to the stage at Silverstone. Photo: Andrew Fox Mr Sunak's wife Akshata Murthy applauded her husband, along with Chancellor Jeremy Hunt and Home Secretary James Cleverley Photo: Victoria Jones/Shutterstock

Mr Sunak said of Labor's plans to give the vote to 16 and 17-year-olds: «If Labor wins this time, they will change the rules so they can stay in power for a very long time.»

In his message He told undecided voters: “Voting for Reform or the Lib Dems just allows Labor to do whatever they want with our country.”

“Don't forget that Keir Starmer is asking you to hand him a blank check when he hasn't yet didn’t say what he would buy with it or how much it would cost you.”

The manifesto launch is seen as one of the last big moments of the campaign for the Tories, who want to change the dynamics of the race and somehow spark a surge in opinion polls.

A new YouGov poll has highlighted the issue, with Nigel Farage's Reform party gaining 17 percent, just one point behind the Tories on 18 percent. The Labor Party was on 38 percent.

Labor accused Mr Sunak of «homing» Liz Truss, saying the Tories had inflated estimated savings from their welfare reforms and were economically reckless.

< p>However, Labor was accused of getting «the facts wrong» and fiction» when Rachel Reeves, the shadow chancellor, said Mr Sunak's plans would see the average mortgage increase by £4,800 over the next parliament.

The Tories have achieved this. have repeatedly tried to draw a line between themselves and Labor on tax cuts and said their rival's spending plans would force them to raise taxes by £2,000 on every working household. Labor called the figure a «lie».

The 76-page manifesto sets out a plan to scrap the basic national insurance rate paid by the self-employed.

This means the 6% rate on incomes between £12,570 and £50,270 will be scrapped if the Tories are re-elected. The 2 per cent rate on incomes above £50,270 will remain in place.

The Tories estimate that this change, combined with the cut in the headline rate from 9 to 6 per cent announced in the spring, will result in savings for the average worker of about £1,500 per year.

Mr Sunak described self-employed workers as “risk-takers, people who struggle to make a living, who help grow our economy”. They represent the most conservative of values: the desire to build something, to create wealth and opportunity.”

Conservative sources defended not scrapping the higher rate for the self-employed, saying: «We're just going to do it in a sensible and sustainable way.»

The decision not to promise a cut in income tax or inheritance tax was justified by the fact that that prioritization is needed and that the focus is on significant tax cuts for workers.

Analysis

Why Rishi Sunak didn't play his best a brave game. More details

The Tory right was dealt a blow when Mr Sunak decided not to promise to take Britain out of the European Union. Human Rights Convention (ECHR) if re-elected.

Some members of his party have called on Mr Sunak to quit the ECHR as part of his efforts to stop small boats carrying migrants crossing the border. His manifesto outlined a more detailed position of the ECHR, leaving all options open if judges block deportation flights from Rwanda.

The manifesto also included a promise not to introduce any new green charges and to change the law banning mobile phones. from classes.

It also said China would be declared a security threat on par with Russia and Iran and that the Tories would not impose any new restrictions on fox hunting after Labor said it would introduce a complete ban in case of victory in the elections.

Cabinet ministers publicly praised the manifesto, but some Conservative candidates doubted it would be a game changer. One told The Telegraph: «It won't make any difference to the election campaign.»

Oliver Dowden

If so& #39;If you don't know what Labor will do, don't vote for them. Read more

Mr Sunak used his speech to appeal to voters considering supporting Labor, asking whether they really had enough detail about the opposition's plan for a presidency.

He said: «If you don't know what Labor will do, don't vote for it. If you're worried about what Starmer isn't telling you, don't vote for him.”

Labour will unveil its manifesto on Thursday. There are less than four weeks left before voters head to the polls on July 4th.