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Andrew Griffith to unveil Conservative plans to cut taxes and regulations
Overview
Conservative shadow chancellor Andrew Griffith is set to outline economic plans at the party's conference in Birmingham, featuring proposals to reduce taxes, cut red tape, lower house-building costs, support the expansion of Heathrow Airport, and abolish Natural England and the Environment Agency.
Key points
- Shadow chancellor Andrew Griffith is detailing plans for the most ambitious deregulation project in a generation.
- Proposals include cutting environmental and energy efficiency regulations to reduce new home delivery costs by up to £50,000.
- Natural England and the Environment Agency would be abolished, with their functions transferred to Defra.
- The Extended Packaging Responsibility scheme would be scrapped to help lower grocery costs.
- The Conservatives plan to back a third runway at Heathrow Airport to boost capacity.
- Reform UK claimed the Tories were copying their policies, while the Liberal Democrats criticised the proposals.