Tories are nervous of the ‘song and dance’ about doing more for high earners and the shift away from levelling-up
Liz Truss is being warned that she risks abandoning a winning coalition of voters in the “red wall” as she pursues “cavalier” tax cuts, amid revelations that her giveaway package disproportionately benefits more traditional Conservative heartlands.
With huge nervousness among MPs over the £45bn tax-cutting package announced on Friday, including abolition of the top rate tax band and the end of the bankers’ bonus cap, several Conservatives said they feared the new prime minister has already shifted away from the levelling up agenda that helped secure red wall seats from Labour in the Midlands and north of England.