UK PM forced into U-turn on tax cuts for rich after mutiny in party
The Times of India|October 04, 2022
Govt’s Proposals Had Roiled Financial Markets, Sending Pound Into A Tailspin
UK PM forced into U-turn on tax cuts for rich after mutiny in party

London: Facing a mutiny of Conservative Party lawmakers, PM Liz Truss of Britain on Monday reversed plans to abolish the top income tax rate of 45% on high earners, a humiliating about-face that leaves her supply-side economic agenda in tatters and her grip on power uncertain. The sudden announcement, made as party members gathered for their annual conference in the city of Birmingham, deepened the disarray around a PM, in office barely a month, who had made cutting taxes the centerpiece of her successful campaign to replace Boris Johnson as the Conservatives’ leader.

この記事は The Times of India の October 04, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Times of India の October 04, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。