Robert Jenrick Proposes Welfare Cuts to Fund 2p Income Tax Reduction
The Tory leadership contender suggests reducing welfare costs to pre-pandemic levels to enable a tax cut, amid criticism from rival Kemi Badenoch.
- Robert Jenrick, a candidate in the Tory leadership race, advocates cutting the welfare bill by £12 billion to facilitate a 2p reduction in the basic income tax rate.
- Jenrick argues that returning the disability and incapacity caseload to 2019 levels could significantly reduce the working-age benefits bill.
- He emphasizes the need for a small-state approach, drawing inspiration from Margaret Thatcher's policies, and calls for structural reforms in the British state.
- His campaign platform includes increasing housebuilding, investing in nuclear power, and reforming university course funding.
- Kemi Badenoch, Jenrick's leadership rival, warns against internal party instability and stresses the importance of selecting a leader who can challenge Labour effectively.