Kemi Badenoch to unveil 'golden rule' and totemic tax cut in Conservative conference speech

"It's designed to show that the party still stands for aspiration, responsibility and sound money."

"clarity and discipline"

"totemic"

Kemi Badenoch will introduce a new fiscal golden rule requiring half of all savings from spending cuts to reduce the deficit and half to fund lower taxes or targeted investment. She will unveil a totemic tax cut intended to reward work and enterprise while maintaining responsible public spending. The fiscal framework aims to provide clarity and discipline after months of economic instability and to form the foundation of a growth strategy ahead of the next general election. The shift refocuses the Conservative message onto economic growth and fiscal prudence amid low poll ratings and competition from Nigel Farage's Reform Party. The speech is expected to address Whitehall spending reform, productivity and regional investment, while strategists seek time for Badenoch to stabilise party standing and define her leadership before the campaign season.

Read at Business Matters