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Truss Acknowledges Some Policies May Be Unpopular as UK May Scrap Bonus Cap

  • New prime minister says economic priority is to pursue growth
  • Truss pledged to cut corporation tax during leadership contest
Liz Truss in New York on Sept. 20.

Liz Truss in New York on Sept. 20.

Photographer: Roy Rochlin/Getty Images

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Prime Minister Liz Truss said the UK must examine its tax rates as her new government seeks to stimulate growth, signaling she may deliver some of her leadership campaign promises as soon as this week.

In a round of broadcast interviews on Tuesday, the premier -- in office for just two weeks -- also suggested she’s prepared to take unpopular decisions in order to boost the country’s competitiveness, including tax cuts that benefit the rich more than the poor and proposals to scrap a cap on banker’s bonuses.