Sunak Unveils £17bn Tax Cuts and Plans to Scrap National Insurance for Self-Employed in Conservative Election Manifesto
The Conservative Party has launched its election manifesto, featuring £17 billion in tax cuts and several public spending pledges to counter pressure from right-wing rebels. The manifesto, unveiled at Silverstone race circuit, includes significant financial reforms such as a 2p cut to national insurance, a “triple lock plus” to exempt state pensioners from paying tax, and the abolition of stamp duty for first-time buyers.
Labour leader Sir Keir Starmer criticized the manifesto, labeling the tax cuts as uncosted and comparing the document to a “Jeremy Corbyn-style manifesto.” Concurrently, Labour announced a “child health action plan,” which aims to create an additional 100,000 urgent dental appointments for children in England to address backlog issues.