Planned tax cut for top earners ditched as PM faced threat of rebellion

Started by SKY News, October 05, 2022, 01:00:45 AM

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October 05, 2022, 01:00:45 AM
Planned tax cut for top earners ditched as PM faced threat of rebellion

Chancellor Kwasi Kwarteng has confirmed that the government is axing plans to give the wealthiest 1% a tax cut following a bitter backlash from Tory MPs.

Source: Planned tax cut for top earners ditched as PM faced threat of rebellion
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