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UK’s Truss Tells Businesses She Wants Lower, Simpler Taxes (1)

Sept. 21, 2022, 3:42 PM

Prime Minister Liz Truss said her government will pursue an “unashamedly pro-business” agenda by lowering and simplifying taxes in the UK.

“We want lower, simpler taxes in the UK to incentivize investment, to get more businesses going,” Truss told a meeting of senior business figures in New York on Wednesday, according to a readout from her office.

Truss said Chancellor of the Exchequer Kwasi Kwarteng will announce a series of measures later this week designed to deliver on the tax-cutting promises she made during the Conservative Party leadership contest this summer. She said her government will follow through on pledges ...