Kwasi Kwarteng makes humiliating U-turn over 45p tax rate cut for higher earners

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Kwasi Kwarteng makes humiliating U-turn over 45p tax rate cut for higher earners
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Yesterday Liz Truss suggested she was 'absolutely committed' to the plan.

Kwasi Kwarteng has made a screeching U-turn on the Government’s controversial plans to slash the top rate of tax for Britain’s highest earners.

Now her Chancellor has been forced into an astonishing climb down despite the pair repeatedly reiterating their support for the measure.rate has become a distraction from our overriding mission to tackle theIn a tweet, he added of the criticism: ‘We get it, and we have listened’. The Chancellor, meanwhile, had been briefing that he would say in his Tory party conference speech today: ‘We must stay the course. I am confident our plan is the right one.’supports HTML5 video

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