New British Prime Minister Liz Terrace is exploring plans to cut personal taxes as well as trade fees in new “investment zones” as she seeks to turn the wheel of her economic strategy, British newspaper The Sun reported.

Those who live and work in the low-tax regions chosen by the UK Prime Minister can reduce their tax contributions as well as reduce the burden on businesses. The proposed “investment zones”, dubbed “complete skim zones”, were a key component of Liz Truss’s campaign for Tory leadership.

Under her plan, Liz Terrace noted, “these areas will benefit from a lower tax burden, reduced planning restrictions and individual rules on a case-by-case basis.” The newspaper reported that the new prime minister is now exploring the possibility of reducing personal taxes on people working in these areas.

The West Midlands, the Thames Estuary, the Tees Valley, West Yorkshire and Norfolk are reportedly being considered by the British government as potential locations. Last week, Liz Truss announced her proposals to combat rising energy bills by taking steps to contain prices and increase supply to the domestic market, including lifting bans on hydraulic fracturing to open existing fractures and oil or gas production, as well as issuing new licenses for oil and gas production in the North Sea. gas.