Liz Truss, UK Prime Minister: "We need to act now to reassure the markets of our fiscal discipline. I have therefore decided to keep the increase in corporation tax that was planned by the..
Prime Minister Liz Truss has confirmed corporation tax will rise from 19% to 25% next year as set out by the previous government. The news comes as Truss dismisses Kwasi Kwarteng as Chancellor to make..
A former deputy governor of the Bank of England has predicted that the government will row back on its controversial tax cuts, on what he described as a "critical day" for Liz Truss.
Sir John Gieve..
UK's Truss says govt will U-turn and raise corporation tax
![UK: PM Truss to keep increase in corporation tax, changing her previous stance [Video]](https://video.newsserve.net/300/v/20221014/1665764855-UK-PM-Truss-to-keep-increase-in-corporation.jpg)
![Truss confirms corporation tax increase [Video]](https://video.newsserve.net/300/v/20221014/1341911346-Truss-confirms-corporation-tax-increase.jpg)
![Former BoE boss predicts govt U-turn on tax cuts [Video]](https://video.newsserve.net/300/v/20221014/1341898871-Former-BoE-boss-predicts-govt-turn-on.jpg)
