Tories won’t be able to slash inheritance tax immediately admits Andrew Griffith – as shadow chancellor fears Labour will hand over ‘worst public finances in history’

The Tories won’t be able to slash inheritance tax immediately if they return to power, the party’s shadow chancellor appeared to admit today.

Andrew Griffith said he would only fund tax cuts or spending commitments when he could ‘set out precisely… how things can be paid for’.

It came as he expressed fears that the current Labour Government would hand over public finances that are ‘the worst in history’ amid soaring borrowing costs.

At the start of the Tories’ conference in Birmingham this week, party leader Kemi Badenoch has dropped big hints at a pledge to slash inheritance tax. 

She suggested cutting death duties

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