Bloomberg Tax
Sept. 20, 2022, 4:51 PM

Truss Says UK Must Examine Tax Rates as She Goes For Growth (2)

Kitty Donaldson
Kitty Donaldson
Bloomberg News

Prime Minister Liz Truss said the UK must examine its tax rates as her new government seeks to stimulate growth, signaling she may deliver some of her leadership campaign promises as soon as this week.

In a round of broadcast interviews on Tuesday, the premier -- in office for just two weeks -- also suggested she’s prepared to take unpopular decisions in order to boost the country’s competitiveness, including tax cuts that benefit the rich more than the poor and proposals to scrap a cap on banker’s bonuses.

“I’m prepared to take unpopular decisions, difficult decisions, if what it means ...