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Chancellor Kwarteng makes hasty retreat from IMF for crisis talks over planned tax cuts
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Kwasi Kwarteng has left Washington and headed back to Downing Street where he is set to address potential plans to either postpone or climb down from the tax cuts announced last month.
A government source told the Financial Times the chancellor’s exit was necessary to convey the new plan to MPs and the public ahead of a full announcement on 31 October.
The...
Read more on fnlondon.comAbout this in other media
Liz Truss U-turns on plan to scrap corporation tax increase fnlondon.com /2 years ago
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Senior Tory warns Truss economic U-turn must be ‘significant’ theguardian.com /2 years ago
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