‘Politics of Envy’ Won’t Deter UK Government as It Cuts Taxes to Spur Growth: Minister

‘Politics of Envy’ Won’t Deter UK Government as It Cuts Taxes to Spur Growth: Minister
Chief Secretary to the Treasury Chris Philp arrives at the Treasury office in central London on Sept. 7, 2022. Daniel Leal/AFP via Getty Images
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The UK government will not worry about the “politics of envy” as it tries to spur economic growth with the biggest tax cuts in 50 years, a minister has said.

Prime Minister Liz Truss’s new government on Friday unveiled the biggest package of tax cuts in half a century, which will cost £45 billion ($49 billion) annually, aimed at spurring growth in the UK economy.