Badenoch to attack Labour’s tax policies and pledge lower business costs
Kemi Badenoch is due to use her closing speech at the Conservative conference to attack Labour’s tax and economic policies, describing them as a “tax doom loop”. She is expected to present the Conservatives as a lower-tax alternative and frame the next general election as a “battle for the soul” of Britain.
Badenoch plans to promise lower employment costs for firms hiring young people and signal action on inheritance tax. The conference has also featured pledges to cut a tax each year if the Conservatives return to power, reduce childcare rules that affect higher earners, and shrink the state. She is expected to argue that Britain is borrowing tens of billions of pounds annually to cover interest on national debt approaching £3 trillion.
- Badenoch will attack Labour’s tax and growth record.
- She is expected to pledge lower employment costs and signal inheritance tax changes.
- The speech will focus on debt, public finances and economic growth.
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Kemi Badenoch leads the Conservative Party, while Labour is the governing party. Their arguments over tax and public spending are part of a wider debate about how to fund public services, support businesses and manage the national debt.
Taxes on employers can affect the cost of hiring, while inheritance tax is charged on some estates after a person dies. The Conservatives have discussed reducing these costs and limiting the role of the state; Labour’s approach is the focus of Badenoch’s criticism.
The debate matters because choices about tax and borrowing affect government finances, businesses and households. The national debt is the total the government owes, and interest payments on it take money from public funds.
Both sides, in good faith
The strongest fair case each way — we don't pick a winner.
The case for
Conservatives argue that Labour's tax increases on business National Insurance and capital gains create disincentives for investment and hiring that shrink the tax base, requiring further tax rises in a self-reinforcing cycle. Lower business costs, particularly for youth employment, encourage growth and sustainable tax revenue. With interest payments consuming significant public resources, they contend that smaller government funded by lower taxes is economically necessary.
The case against
Labour supporters counter that public services require investment funded by tax rises on those most able to pay, targeting wealthy individuals and large corporations rather than working people. They argue economic growth stems from public investment in infrastructure, education, and health rather than tax cuts. They contend the Conservative narrative overstates economic impact and ignores damage from years of underinvestment in public services.
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Originally published by Daily Mail as “Kemi lashes Labour’s ‘tax doom loop’: Badenoch to vow to slash job-killing NICs and death duties in Tory speech today – as she warns party election will be ‘battle for Britain’s soul’”.