AssetID: 56077094
Headline: UNCAPTIONED: Shadow Chancellor Vows To Cut At Least One Tax In Every Tory Budget
Caption: Shadow Chancellor Vows To Cut At Least One Tax In Every Tory Budget. Shadow Chancellor Andrew Griffith has said he hopes to scrap at least one tax in every Budget if the Conservatives return to government. Speaking at the party's conference in Birmingham, Griffith said "lower, simpler and fairer taxes" would be his guiding principle, but insisted cuts would only be made when affordable. He pledged to abolish the High Value Council Tax Surcharge, which is due to take effect in 2028 and impose an additional levy on homes in England valued above £2 million. Griffith said future tax cuts would follow the Conservatives' proposed "golden economic rule”. Under the policy, at least half of identified savings would go towards reducing the deficit, with the remainder available for tax cuts and measures designed to support economic growth. Labour criticised the Conservatives' economic record during their 14 years in government. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Shadow Chancellor,vows,cut,at least one tax,every budget,tory,Andrew Griffiths,hopes to scrap,Birmingham,party conference,simpler and fairer taxes,guiding principle,cuts when affordable
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