Sky News
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Truss U-turns on 45p tax rate cut
Posted
October 3, 2022
Views
304,872
Likes
1,418
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October 3, 2022
304,872
1,418
1,120
0.83%
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11:12Now PlayingSky News' Political Editor Beth Rigby says that the government will not proceed on the plan to scrap the 45p tax rate, in a "massive U-turn".
Chancellor Kwasi Kwarteng said in a statement: "From supporting British business to lowering the tax burden for the lowest paid, our Growth Plan sets out a new approach to build a more prosperous economy.
For the latest developments here
#government #liztruss #uturn #tax #budget
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