Today news
About the same in other media
Government u-turns on tax cuts for highest earners
Reading now: 246
The UK government said on 3 October it won’t proceed with the removal of a 45% top rate of income tax, removing a key element of the mini-budget announced late last month that triggered turmoil in the country’s financial markets and an intervention by the Bank of England.
The decision to retain the tax rate on high incomes was announced during the ruling Conservative Party’s annual conference, where a number of lawmakers had expressed their opposition to the move.
But...
Read more on fnlondon.comAbout this in other media
The Guardian view on Tory environment chaos: turning back the clock theguardian.com /2 years ago
Markets leap on reports of Liz Truss’s tax cuts U-turn. No time to dally theguardian.com /2 years ago
Kwasi Kwarteng’s tax cuts will benefit richest amid dividend boom – report theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
