UK Shadow Chancellor Andrew Griffith says Conservatives will not repeat Liz Truss's unfunded tax cut mistake

In the UK, Shadow Chancellor Andrew Griffith has said the Conservatives will not repeat the mistake of Liz Truss's 2022 mini-budget, which failed to explain how tax cuts would be funded. He criticized the Labour government for making similar unfunded promises, such as lowering VAT on energy bills. Griffith pledged to always show how tax cuts are paid for. He also advocated for deregulation and expanding Heathrow to boost growth. Chancellor John Healey is expected to detail funding in the Budget on October 28.

UK Shadow Chancellor Andrew Griffith says Conservatives will not repeat Liz Truss's unfunded tax cut mistake
Updated Oct 5, 2026 First reported Oct 4, 2026
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