UK’s Liz Truss ready to speed up tax cut plan, newspaper says

UK Conservative Party leadership candidates Liz Truss and Rishi Sunak. (AFP)
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Updated 07 August 2022
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UK’s Liz Truss ready to speed up tax cut plan, newspaper says

  • Sunak proposes a different approach by giving support directly to lower-income households that are most exposed to the surge in power bills which will rise sharply again in October

LONDON: Liz Truss, the front-runner to become Britain’s next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country’s flagging economy, the Sunday Telegraph reported.
Truss was considering accelerating by six months her plan to reverse this year’s increase in social security contributions which had been pencilled in for April 2023, the newspaper said.
Advisers to Truss believed the cut could be introduced within days of an emergency budget that her government would deliver in September, if she wins the ruling Conservative Party’s leadership race that is due to end on Sept. 5, it said.
Truss’s rival, former finance minister Rishi Sunak, says cutting taxes now would add more fuel to Britain’s soaring inflation rate which is set to surpass 13 percent in October, according to the Bank of England’s latest forecasts.
The BoE has also said Britain is due to enter a 15-month recession starting later this year, something Truss says adds urgency to her plan to cut taxes.
Truss, writing in the Sunday Telegraph, said she wanted to “immediately tackle the cost of living crisis by cutting taxes, reversing the rise on National Insurance and suspending the green levy on energy bills.”
Sunak proposes a different approach by giving support directly to lower-income households that are most exposed to the surge in power bills which will rise sharply again in October.
On Saturday, he reiterated that he wanted to “go further” than the support he provided as finance minister before he resigned in protest at the leadership of Prime Minister Boris Johnson in July.
“It’s simply wrong to rule out further direct support at this time as Liz Truss has done and what’s more her tax proposals are not going to help very significantly, people like pensioners or those on low incomes,” he said.
A recent poll by YouGov showed Truss held a 24-point lead over Sunak among Conservative Party members who will choose the party’s next leader and Britain’s next prime minister.
In her Sunday Telegraph article, Truss kept up her criticisms of the BoE, saying it had exacerbated the jump in inflation and she would “work night and day” to fix the problem.
“That is why I want to look around the world at what the best performing central banks are doing to control inflation and how we can ensure our Bank is delivering what we need it to deliver,” she said.
BoE Governor Andrew Bailey has denied the BoE is to blame for the inflation surge, saying it began to raise interest rates earlier than other central banks and most of the recent acceleration of prices stems from Russia’s invasion of Ukraine.


DR Congo city residents forced to adapt during year of M23 rule

Updated 58 min 29 sec ago
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DR Congo city residents forced to adapt during year of M23 rule

  • Around one million Goma residents were holed up in their homes on Jan. 26, 2025, when the Congolese army and its allies were forced to pull out of the provincial capital

GOMA, DR Congo: They were caught under a barrage of fire and became trapped with “nowhere to go” after their city in the eastern Democratic Republic of Congo fell under the M23 armed group’s control a year ago.
Around one million Goma residents were holed up in their homes on January 26, 2025, when the Congolese army and its allies were forced to pull out of the provincial capital.
Hundreds of Rwandan soldiers had just poured across the border to fight alongside the M23 in a lightning offensive to seize the lakeside city.
Thousands of people were killed in the intense clashes.
Janvier Kamundu, whose name has been changed for security reasons, was sheltering from the fighting at home with his wife and children.
“Suddenly I heard my wife cry out. She fell, hit by a stray bullet,” he recalled.
Neighbors braved the gunfire to come and help, and a vehicle was found to transport his wife to hospital, ultimately saving her life.
Hospitals were overwhelmed with the wounded and bodies covered in white bags piled up at the morgues.
“She is slowly recovering, but it isn’t easy — she has a lot of wounds around her stomach,” Kamundu said.
Oppressive quiet
A year on, Goma residents endure “constant oppression” by the M23 group, government spokesman Patrick Muyaya said.
In the weeks that followed its capture, the streets emptied out at nightfall and the buzz evaporated from the bars that had once offered some respite in a region scarred by three decades of conflict.
Escaped prisoners, militia fighters and soldiers who had evaded capture roamed the city after dark, breaking into homes and threatening residents.
With the police and court system no longer functioning, the M23 eventually began to systematically cordon off neighborhoods in search of criminals.
By late May, several hundred men were sitting on the dark volcanic gravel covering the streets of Murambi village on Goma’s northern outskirts, watched over by members of the M23.
Local leaders and families are ordered to identify those they recognize as upstanding citizens. The others are detained.
Rough justice
But on the street, anyone deemed suspicious looking drew the M23’s ire.
People spoke of those who had been hauled off to the city sports stadium serving as an open-air prison for wearing dirty clothes or having an untidy beard.
An M23 spokesman invited reporters on several occasions to view the results of the operation — detainees separated into categories.
Desperate families crowded at the entrance, pleading to get their relatives released.
Those not cleared by testimony deemed reliable ended up at secret detention sites. NGO reports denounced torture and summary executions.
But, in time, residents and observers agreed that Goma’s streets were returning to relative safety.
With no independent justice system in place, opponents of the M23 faced repression, some accused of being in cahoots with the pro-government militia.
In October, the armed group — whose declared aim is to overthrow the government and end corruption — began appointing magistrates, but observers indicated there was little impartiality.
Despite parallel peace efforts backed by the United States and Qatar, the M23 launched a new offensive on the strategic town of Uvira near the Burundi border in December.
“These events have shown that the Rwandan president is not at all comfortable with peace processes,” Muyaya, the government spokesman, said.
‘Ideological training’
Most civil society representatives and rights campaigners had fled Goma before the M23 entered.
Civilians and former government combatants were forcibly recruited by the M23, which announced it had 7,000 new members in its ranks in September.
At the same time, the group began to impose taxes to finance its war effort but the city, already on its knees, has had no functioning banks for a year after the government ordered their closure to cut off the rebellion’s funding.
The airport remains inaccessible and trade between Goma and areas under government control has dwindled.
Civil servants were among the first to feel the blow of such cuts.
“There were about 200 agents here; around 20 left to work” in government-held areas, urban planning officer Claude Mumbere said.
“The others are here doing nothing,” added the officer, whose name has also been modified for security reasons.
Some had to undergo “ideological training” provided by the M23.
Mother-of-three Madeleine Mubuto’s husband lost his job.
“We had set aside a small amount of money at home that helped us at first, but after a year almost all of it is used up,” she said.
In the absence of cash, Rwanda’s currency is now used at Goma’s markets.
“Many are wondering how long this situation is going to last,” Kamundu said, adding: “We adapt because we have nowhere to go.”