Britain U-turns on tax cut for rich after pound's plunge, fierce criticism

Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.

Oct 3, 2022 - 10:17
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Britain U-turns on tax cut for rich after pound's plunge, fierce criticism
Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.

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