The freshly promoted Conservative spokesman for deregulation, John Redwood, has hinted that the Party is actively seeking ways of cutting taxation should it manage to win the next general election.
"There will be scope for tax cuts I am sure. But we are not making promises of a specific kind at this juncture. We wish to complete the work on reviewing the total cost," Mr Redwood stated in an interview with the Independent newspaper.
The Conservative leadership has sought to play down speculation about its immediate tax plans as it is unclear how first term tax cuts could be achieved without politically unpopular cut-backs in spending on public services.
However, Mr Redwood indicated that in the longer term, the Tory Party is keen to reclaim the mantle of a low-tax, low-spend party.
"We have a number of priorities for redirecting money because there are not enough teachers, policemen, nurses for example, but I am sure over the lifetime of the Conservative government the savings will build up and we will return to being the low tax party that we are," he told the paper.
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