Chancellor forced to U-turn on tax cut after market chaos

ODN
ODN
  • 2 years ago
Chancellor Kwasi Kwarteng has made an abrupt U-turn on his plans to scrap the top rate of income tax for the highest earners. In his mini-budget two weeks ago, he announced that anyone earning over £150,000 would no longer pay the 45% rate. Report by Burnsla. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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