Liz Truss in call for mini-budget style tax cuts at packed out Tory event

The former prime minister urged Rishi Sunak to slash corporation tax and back fracking.

Liz Truss calls for mini-budget style tax cuts from Rishi Sunak at packed-out Tory Manchester conference event Flickr

Liz Truss has called on Rishi Sunak to follow measures taken in her mini-budget and slash tax.

Speaking to a packed out fringe event at the Tory party conference in Manchester, the former prime minister said the UK should “stop taxing and banning things”.

She called for the UK Government to cut corporation tax, support fracking and build 500,000 new homes in England.

She was speaking nearly a year after she was forced out of office when she lost the support of Conservative MPs after 49 days in office.

The Conservative MP won cheers from the hundreds who managed to make it into the grand room in the Midland Hotel when they were reminded she was elected by party activists, in contrast to the Prime Minister’s victory among MPs.

Liz Truss remains committed to the measures taken with last year's mini-budget which sparked market uncertainty and led to her resignation.STV News

Truss urged members to “unleash their inner conservative” after calling for Chancellor Jeremy Hunt to cut corporation tax to 19%, at least, and to slash Government spending.

“Let’s stop taxing and banning things,” she told the packed room.

“Let’s instead build things and make things. Let’s be prepared to make conservative arguments again, even if it’s unpopular, even if it’s difficult. I want everybody in this room to unleash their inner conservative.

“And finally, my friends, let’s make Britain grow again.”

She was joined at the Great British Growth Rally by allies and former Cabinet colleagues Dame Priti Patel, Sir Jacob Rees-Mogg and Ranil Jayawardena.

Rees-Mogg continued the calls, urging that tariffs and checks to be slashed to boost trade.

Jacob Rees-Mogg joined Lizz Truss at the fringe event, where he called for hormone-injected beef to be sold in the UK.ITV

“I want hormone-injected beef from Australia,” he said, as he called for cheaper food.

“I’ve eaten beef in Australia, it was absolutely delicious, there’s nothing wrong with it and they should be allowed to export it here because we want lower costs.”

The Prime Minister has declined to say whether taxes will be cut before the next general election while the chancellor has ruled out such a move by the end of the year.

But during his speech, Hunt suggested improving public-sector productivity levels as they trim back on thousands of officials could allow him to cut taxes at some point, as many in the party are clamouring for.

“If we increase public-sector productivity growth by just half-a-percent, we can stabilise public spending as a proportion of GDP,” he said.

“Increase it by more and we can bring the tax burden down.”

Nigel Farage, the prominent Brexiteer who was also in the audience and making supportive comments about Truss, saw the rally very much as a pitch for her to once again become Conservative leader.

He told PA: “She’s absolutely right on the big stuff – I’m slightly sceptical on the housing.

“This is a battle for ideas, it’s a rejection of her own party’s policies, but it’s really a battle for what the party becomes after it loses the next election.”

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