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Not Just Tax Cuts Needed to Boost Economy, Says Tugendhat

Tom Tugendhat

Tom Tugendhat

Photographer: Jason Alden/Bloomberg

Tory leadership contender Tom Tugendhat has said tax cuts cannot be the "only round in the magazine" in stimulating economic growth.

In a speech on Tuesday, the chairman of the Commons Foreign Affairs Committee will set out his 10-year plan for growth to address the UK's lagging productivity.