Breaking News: Badenoch Unveils Sweeping Tax Reforms to Curb Borrowing
Conservative leader Kemi Badenoch has announced a new economic "golden rule" aimed at cutting government borrowing and taxes, according to her keynote speech at the party's conference. The rule would ensure half of all savings made by a future Conservative government are put towards reducing the deficit.
The other half would be used for policies aimed at growing the economy, including tax cuts. Badenoch accused the Labour government of risking the UK's financial stability with a "borrowing and tax doom loop".
This move is seen as a key part of the Conservatives' plan to get the economy back on track. The party claims it will provide fiscal responsibility and transparency.
Badenoch's speech comes at a critical time for the Conservative Party, which has been under pressure to present a clear economic vision.
This is a developing story, with further details expected in the coming hours. We will bring you updates as more information becomes available.
*This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*
