The Chief Secretary to the Treasury Laura Trott has said on Sunday that the Chancellor’s autumn statement has “set a direction of travel to grow the economy.”
Trott said the government want to “bring the tax burden down” and she stopped short of revealing if there will be more tax cuts.
Speaking to on the Sunday Morning With Trevor Phillips show, Trott said, “We don’t comment on future fiscal events.
“But what I would say is that we have set a direction of travel to grow the economy, to support businesses and to reward work, and we want to bring that tax burden down over time in a responsible way.”
Her comments come as the Prime Minister Rishi Sunak indicated that there could be further tax cuts in 2024.
Sunak told the Mail On Sunday the government will “do more when we can” on cutting taxes further.
Tax deductions: Keep more of your money
Speaking to the BBC’s Laura Kuenssberg, Trott said, “If you are on average income, because of the changes that we’ve made, your tax burden will have gone down quite significantly.
“We have been very open about that. If you are on some of the highest wages, we have asked you to take more of the burden.
“That is a policy decision that we have taken but the overall direction now – we have turned a corner, we are going to bring taxes down but we’re going to do it in a non-inflationary way.”
Labour’s shadow chief secretary to the Treasury Darren Jones said that after 13 years the Tories have created “deep structural problems.”
Jones told the BBC’s Sunday With Laura Kuenssberg programme, “After 13 years of the Conservatives in Government, we have deep structural problems in our country, in our economy, in the labour market and in our public services.”
