Foreign Secretary Liz Truss is leading the race to become Britain`s next prime minister, with two opinion polls putting her well ahead of former finance minister Rishi Sunak.

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Below are details of the policies has Truss proposed during the leadership contest.

TAX
- Hold an emergency budget and review of government spending
- Reverse a 1.25 percentage point rise in payroll tax known as National Insurance. The rise was introduced by Sunak in April to help pay for the health and social care system.
- Cancel a planned increase in corporation tax. The tax is due to rise from 19% to 25% from 2023 under plans announced by Sunak in March 2021
- Apply a temporary moratorium on environmental and social levies added to consumers` electricity bills
- Not impose any new levies on unhealthy food and ditch plans to restrict multi-buy deals on food and drink high in fat, salt, or sugar
- Review the way families are treated by tax authorities, with a view to easing the tax burden when family members are not working in order to care for children or relatives

ECONOMY AND DOMESTIC
- Review the Bank of England`s mandate without compromising its independence
- Create low regulation "investment zones"
- Introduce minimum service levels on critical national infrastructure and raise ballot thresholds to limit strike action
- Reform mortgage assessments to help those currently renting gain access to the housing market
- Scrap home-building targets, incentivise local authorities to build more houses and speed up the planning system
- Review how Britain will reach its 2050 net zero target to see how it can be done in a more "market-friendly" way
- No new Scottish independence referendum.
- A six point education reform package, including measures to cut childcare costs
- Temporarily expand seasonal workers scheme to ensure farmers have access to labour
- Tackle violence against women and girls including criminalising street harassment

INTERNATIONAL
- Increase defence spending to 3% of GDP by 2030
- Make Ukraine`s President Volodymr Zelenskiy the first foreign leader she calls as prime minister, and work with G7 allies to provide more lethal and humanitarian aid for Kyiv
- Commit Britain to a lead role in a “new Marshall Plan” for Ukraine
- Update Britain`s foreign policy to include new focus on China and Russia
- Seek a trade deal among Commonwealth members to act as a bulwark against China
- Scrap all remaining European Union laws that still apply in Britain by 2023, including Solvency II regulation and seek regulatory divergence from the EU
- Pursue more third country immigration processing partnership schemes, similar to the existing agreement to send some migrants to Rwanda.