TAX cuts would “make things worse by increasing inequality,” campaigners warned today after Tory leadership hopeful Liz Truss pledged to do so immediately if she makes it to No 10. 

The Foreign Secretary, who is vying with Rishi Sunak for the top job, said she would use an emergency budget next month to reverse this spring’s 1.25 per cent rise in National Insurance if she wins an ongoing ballot of party members. 

The tax increase on workers, introduced by her rival before his resignation as chancellor earlier this summer, could be repealed just “days” after the ballot result is due on September 5, rather than in April 2023 as stipulated by current Treasury rules, Ms Truss’s campaign claimed.