UK PM Rishi Sunak under duress. His party hates ‘unprecedented high tax burden’

Rishi Sunak will be leading his first Conservative Party conference as British Prime Minister.

This weekend and goes into the annual event starting on Sunday amid pressure from his backbenches over cutting taxes as the governing party prepares for a general election, expected in 2024.

His predecessor, Liz Truss, who had a historically brief run at 10 Downing Street last year after her attempt at slashing taxes in a controversial mini-budget and former Indian-origin home secretary Priti Patel are among the Tory MPs openly voicing their discontent.

It came after the Institute for Fiscal Studies (IFS) think tank issued a forecast this week that tax levels in the UK are at their highest since records began 70 years ago.

“This unprecedentedly high tax burden is one of the reasons our economy is stagnating and why we need to cut taxes to help make Britain grow again,” tweeted Truss.

“We should always seek to reduce the tax burden, especially when there’s so much pressure on family budgets,” she said.