Chancellor must cut business taxes

Front page of the Daily Telegraph profiles IEA pre-budget briefing

A group of Conservative MPs will on Monday publicly warn that a radical change of economic strategy is needed to kick-start the economy with major steps to help businesses and consumers.

The Free Enterprise group of Tory MPs will on Monday appear at an event with the Institute of Economic Affairs to set out plans for cuts in business taxes.

In an article for The Daily Telegraph, Priti Patel, a supporter of the group and member of the Conservative 1922 Committee, calls on the Chancellor to “wake up” to the harm high taxes are causing. Miss Patel said that she wants the Government to reduce “punishing” taxes like air passenger duty while other MPs want the introduction of a tax break for married couples.

Read the full article here.

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