Downing Street is considering axing inheritance tax as a pre-election giveaway in three months’ time to boost Prime Minister Rishi Sunak’s chances of victory amid a major deficit in the polls. The Conservative Party also plans to extend a substantive offer to help first-time buyers, aiming to win over young voters. These attention-grabbing pledges are part of the Tories' strategy as they face a significant polling deficit. On the other side, the Labour Party intends to slash the discounts offered to tenants buying their council homes through the 'Right to Buy' program to a fraction of the current rate. Chancellor Jeremy Hunt will announce the UK’s next budget on March 6, which is likely the governing Conservatives' last opportunity to announce such pre-election giveaways.
Chancellor Jeremy Hunt will announce the UK’s next budget on March 6, giving the governing Conservatives what’s likely their last opportunity to announce giveaways before a general election https://t.co/DnuS8jtlKK
Tenants who buy their own council home through Britain’s “Right to Buy” programme would see the discounts slashed to a fraction of the current rate under plans being drawn up by the Labour Party Our @ft interview with @mtpennycook https://t.co/IUo5hmiSpH via @ft
The UK's ruling Conservative Party is dropping hints they could make attention-grabbing pledges on housing and taxes as Rishi Sunak struggles to turn around his party's major deficit in the polls https://t.co/mCZBEEsh2Q
🚨 NEW: The Tories will promise help for first-time buyers as a pre-election giveaway to win over young people Strategist: “This is a group that says they aren’t going to vote for us. To make them think again we need to have a substantive offer in place” [@thetimes]
NEW: Downing Street is considering axing inheritance tax in three months’ time in a pre-election giveaway to boost Rishi Sunak’s chances of victory. https://t.co/vZYglQAhCK