Rishi Sunak, who is of Indian descent, will soon begin campaigning for prime minister and has promised to lower taxes. The former chancellor began attacking critics at a campaign rally by saying that he had made no 'fairytale' pledges. He will reportedly discuss how he intends to handle the economic 'headwinds.' As the UK's annual inflation rate touched a 40-year high of 9.1 percent in May, Sunak will reportedly offer to decrease taxes once inflation has been managed. Sunak is anticipated to poke fun at opponents who have pledged immediate, significant tax reductions. The only candidate for UK PM who is not proposing quick tax cuts is former UK Finance Minister Rishi Sunak.
