Shadow chancellor to unveil Tory plans to cut taxes and regulations
Conservative shadow chancellor Andrew Griffith has announced plans for significant deregulation, tax cuts, and the abolition of certain environmental agencies. The proposals aim to rebuild the party's economic platform following their 2024 election defeat.
Why it matters
These policies represent the Conservative Party's strategy to differentiate themselves from the current government and regain voter trust.
Image source, PA Media By Richard Wheeler Political reporter Published 55 minutes ago Conservative shadow chancellor Andrew Griffith is to outline his plans for the UK economy, including hopes to cut taxes, red tape and house-building costs.
Griffith and his colleagues will use day two of the party's conference in Birmingham to also explain how they would want to reduce food costs, support Heathrow Airport expansion and abolish Natural England and the Environment Agency.
Another prospective policy is replacing agreements designed to compel developers to fund community projects and services in areas they want to build.
Griffith will describe his approach as the "most ambitious deregulation project in a generation". Reform UK suggested the Tories were "copying our policies".
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