India  

UK announces U-turn on plans to abolish top rate of income tax for the highest earners

Video Credit: euronews (in English) - Duration: 01:07s - Published
UK announces U-turn on plans to abolish top rate of income tax for the highest earners

UK announces U-turn on plans to abolish top rate of income tax for the highest earners

"We get it, and we have listened," said UK Chancellor Kwasi Kwarteng, announcing the U-turn.


You Might Like


💡 newsR Knowledge: Other News Mentions


Related videos from verified sources

UK government U-turns on proposed tax cut for high earners [Video]

UK government U-turns on proposed tax cut for high earners

The UK government has U-turned on its plan to scrap the highest rate of income tax. It was forced to backtrack amid a rebellion within the party and turmoil in financial markets. Prime Minister Liz..

Credit: Rumble     Duration: 04:11Published
Chancellor forced to U-turn on tax cut after market chaos [Video]

Chancellor forced to U-turn on tax cut after market chaos

Chancellor Kwasi Kwarteng has made an abrupt U-turn on his plans to scrap the top rate of income tax for the highest earners. In his mini-budget two weeks ago, he announced that anyone earning over..

Credit: ODN     Duration: 02:06Published
U.K. Scraps Tax Cuts For Wealthy That Sparked Market Turmoil [Video]

U.K. Scraps Tax Cuts For Wealthy That Sparked Market Turmoil

U.K. Treasury Secretary Kwasi Kwarteng abandoned plans to cut the 45% rate of income tax paid on earnings above $167,000 a year.

Credit: Rumble     Duration: 02:51Published