Business

Chancellor Jeremy Hunt to Overhaul Government’s Economic Plan Amid Growing Tory Discontent

vMini-Budget Plans Delayed as Senior Conservatives Discuss Leadership Change

Chancellor Jeremy Hunt is set to delay the 1p cut to income tax initially proposed by Prime Minister Liz Truss, as part of a significant overhaul of the government’s economic strategy. According to reports in The Sunday Times, The Sunday Telegraph, and The Independent, Hunt’s move is a response to the growing pressure on the government to reassess its fiscal approach amid economic turbulence.

In parallel, The Observer and Sunday Express highlight that senior Conservative figures are preparing to hold talks regarding the potential ousting of Liz Truss as Prime Minister. The mounting unrest within the party reflects dissatisfaction with the current leadership, particularly in the face of the mini-budget’s controversial impact.

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