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UK Scraps Tax Cut For Wealthy, That Sparked Market Turmoil

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The British government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows. In a dramatic about-face, Treasury chief Kwasi Kwarteng
UK Scraps Tax Cut For Wealthy, That Sparked Market Turmoil
UK Scraps Tax Cut For Wealthy, That Sparked Market Turmoil

The British government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows. In a dramatic about-face, Treasury chief Kwasi KwartengThe British government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows. In a dramatic about-face, Treasury chief Kwasi Kwarteng

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