Liz Truss plans September budget if she wins power to unleash the “full advantage” of Brexit


Liz Truss could bring in a sweeping round of tax cuts before the end of September as she insists a full-blown recession is not ‘inevitable’.

The favourite to become the new Tory leader and prime minister is believed to have earmarked September 21  – two weeks after taking power – for her chancellor to hold an emergency budget.

It came amid dire warnings for the future of the UK economy as the Bank of England predicted a five-quarter recession starting late this year and inflation hitting 13…



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