Liz Truss takes u-turn, scraps tax cut for wealthy that sparked market turmoil in UK
Monday, 3 October 2022 Liz Truss took office less than a month ago, promising to radically reshape Britain's economy to end years of sluggish growth. But the government's September 23 announcement of a stimulus package that includes 45 billion pounds (USD 50 billion) in tax cuts, to be paid for by government borrowing, sent the pound tumbling to a record low against the dollar.
This week's The Crypto Mile Weekly Update sees a burst of life in the crypto market as digital assets went green late on Thursday, just after UK prime minister Liz Truss resigned after 44 days in..
Liz Truss has only been prime minister for little over a month, but in that time she has brought in a highly-controversial mini-budget, sent the markets into turmoil, U-turned on that very same plan..
People in Norfolk, Liz Truss' constituency, give their opinions on how the PM is getting on so far following economic turmoil and U-turns. Report by Czubalam. Like us on Facebook at..
Treasury chief Kwasi Kwarteng said on Monday that he will not scrap the top 45 per cent rate of income tax paid on earnings above 150,000 pounds ($167,000) a... IndiaTimes
British Prime Minister Liz Truss has abandoned a planned cut to corporation tax, scrapping a key part of an economic plan that sparked weeks of market and... IndiaTimes