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Dramatic SOS from Tory Party loyalists to Rishi Sunak: give us tax cuts NOW to avoid a mass wipeout at the election

Shaken Tories have called on Rishi Sunak to cut taxes to “save the party from oblivion” after the latest polls claimed they were heading for an unprecedented election defeat.

The call comes as Chancellor Jeremy Hunt admitted in the Mail on Sunday that two National Insurance cuts had failed to swing public opinion behind the Conservatives.

He revealed that the prime minister had called a snap election because he believed a third interest rate cut was also unlikely to change the political situation – and because lowering interest rates would take too long. time to be registered by voters.

However, People’s Conservatism, a right-wing movement launched by former Prime Minister Liz Truss and known as PopCons, said major cuts to stamp duty and inheritance tax should be among the “conservative principles fundamentals” of the party program.

Conservative candidates have reacted with horror to a poll published yesterday in the Daily Mail which showed Labor could win a majority of more than 300 votes, with the Conservatives reduced to a minority of 66-72 MPs.

Dramatic SOS from Tory Party loyalists to Rishi Sunak: give us tax cuts NOW to avoid a mass wipeout at the election

Shaken Tories have called on Rishi Sunak (pictured) to cut taxes to “save the party from oblivion” after the latest poll claimed they were heading for an unprecedented election defeat.

People's Conservatism, a right-wing movement launched by former Prime Minister Liz Truss (pictured), said Sunak should limit the powers of the Bank of England.

People’s Conservatism, a right-wing movement launched by former Prime Minister Liz Truss (pictured), said Sunak should limit the powers of the Bank of England.

The mega poll by Electoral Calculus suggests the party is heading for its worst electoral defeat in history – although conservative strategists have questioned its methodology.

However, Hunt now questions the political effectiveness of tax cut promises.

When asked why Sunak did not delay the election until the autumn, allowing more potential cuts such as the two previous 2p National Insurance (NI) cuts, he responded to the ministry of Finance: “The fact that we have had two significant tax cuts that have not really changed the polls shows me that it is unlikely that having a third with the same thing will change the calculation” .

He added: “The Bank of England’s view is that there is an 18-month lag between changing interest rates and its impact on people’s finances… so the idea that “There’s a drop in interest rates and all of a sudden everyone feels good…is underestimating how people make that decision.”

And Sunak told this newspaper: “We are already giving a tax cut worth £900 to workers this year.

“This didn’t happen by accident, it happened because of our management of the economy and it reflects our values. I believe hard work should be rewarded. We will prioritize lowering taxes for hardworking people.

The PopCons have released a five-point manifesto plan aimed at “saving the Conservative Party from oblivion on July 4, while supporting the UK economy and taxpayers and ensuring that “Rishi Sunak’s legacy is not not to destroy the most successful political party in history.”

The group – which Truss launched in February to rally the Tory right – said Sunak should pledge to abolish the Office for Budget Responsibility (OBR), which Truss accuses of helping to derail his plans to cut spending. taxes during his short stay at Downing Street, and to limit the powers of the Bank of England.

The call came as Chancellor Jeremy Hunt (pictured) admitted to the Mail on Sunday that two National Insurance cuts had failed to swing public opinion behind the Conservatives.

The call came as Chancellor Jeremy Hunt (pictured) admitted to the Mail on Sunday that two National Insurance cuts had failed to swing public opinion behind the Conservatives.

PopCons communications director Annunziata Rees-Mogg (pictured) called on the Prime Minister to abolish the Office for Budget Responsibility

PopCons communications director Annunziata Rees-Mogg (pictured) called on the Prime Minister to abolish the Office for Budget Responsibility

The two measures would, according to the PopCons, “break the stagnant economic consensus, revive Britain’s growth and enable significant tax cuts”.

The group also called on the UK to “take back control of our borders” by leaving the European Convention on Human Rights, which lawyers have used to block the deportation of migrants; abandon the goal of net zero emissions by 2050; abolish the Equality Act to end “polemical, woke and anti-capitalist political campaigns”; and reform the civil service to try to prevent it from blocking government policy.

In the MoS, PopCons communications director Annunziata Rees-Mogg writes that the OBR should be abolished to “return control of the UK budget to an elected chancellor”.

The sister of former minister Jacob Rees-Mogg added: “The Conservatives’ core principles – small government, low taxes, security and personal freedom – can still win votes. »

The Conservatives’ quarrel was as follows:

  • Rishi Sunak has told the MoS that “Angela Rayner is responsible for Labour” after the deputy leader pressured his boss Keir Starmer to let Diane Abbott represent the party.
  • A senior ally of Sir Keir said Abbott had been supported by the far-left Socialist Action Group in her successful fight.
  • A new economy-focused poll has found that despite NI cuts, more voters associate the Tories with tax rises than Labor – and revealed that income tax cuts would be the fiscal change the most popular a party can support.
  • Some Tories have called for Boris Johnson to be parachuted in as a candidate before nominations close on Friday, with one saying he would “cut the losses in half” – although another supporter said: “We we have no more time – Sunak will reap what he sows. »
  • Shadow Health Secretary Wes Streeting told the Mail on Sunday he was no longer traveling on public transport after receiving death threats over his stance on Gaza.
  • Sir Keir responded to band D:Ream’s ban on reusing their song Things Can Only Get Better as an election anthem, like Tony Blair, by saying: “Look, it’s not 1997, it’s 2024.”

The new economic survey reveals that 40 per cent of voters see the Conservatives as the party they most associate with tax rises, while only 29 per cent share this view of Labour.

The study also found that 45 percent of people would be more likely to vote for any party advocating income tax cuts. The next most popular cuts any chancellor could make would be stamp duty and inheritance tax.

The Obsurvant poll for Charlesbye Strategy found that 42 per cent of respondents say the economy and cost of living will be the key factor in how they vote, followed by NHS waiting lists and immigration.

When asked who they trust most to manage the economy, 61 per cent said Labor, compared to 39 per cent Conservatives.

Rishi Sunak told the MoS that

Rishi Sunak has told the MoS that “Angela Rayner is in charge of the Labor Party” after pressuring Sir Keir Starmer to let Diane Abbott stand in the election.

Some Conservatives have demanded that Boris Johnson be parachuted in as a candidate before nominations close on Friday, with one saying he

Some Conservatives have demanded that Boris Johnson be parachuted in as a candidate before nominations close on Friday, with one saying he would “cut the losses in half”.

Pollsters surveyed 2,028 people yesterday and Friday.

Labor yesterday sought to humiliate the Tories by labeling their plans as bad as Jeremy Corbyn’s 2019 manifesto. Campaign coordinator Pat McFadden mocked Sunak for revealing 70 billion so far pounds sterling of uncosted spending commitments.

The Conservatives called the calculations “ridiculous”, with one spokesperson saying the same methodology would “expose a £211bn-a-year black hole” in Labor politics.

Lee Cain, partner at Charlesbye Strategy, said: “Confidence in the country’s finances has always been firm territory for the Conservatives, so this poll will be a devastating blow to the party.

“The Conservatives’ economic credibility has been seriously damaged by Liz Truss’s mini-budget, but despite an improving economic situation, Rishi Sunak has failed to change these perceptions.”

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