BBCNEWS BBC News June 4, 2024 14:02:00
This afternoon — after being forced into a dramatic u—turn over his plan to scrap the 45 pence top rate of income tax. the decision to ditch the policy — a decision which mr kwarteng confirmed this morning — came less than 24 hours after the prime minister liz truss had publicly defended it. in a statement, mr kwarteng said the 45p tax plan had become a "huge distraction" and that the government had "listened" to people's concerns. yesterday — on the bbc — the prime minister said she was �*absolutely committed' to the policy and that she would not abandon it. the move would have ...