Liz Truss says she had"absolutely no shame" in performing a dramatic U-turn on the government's plan to scrap the 45p higher rate of tax.to axe the policyBut Home Secretary Suella Braverman told a Conservative Party fringe event hosted by The Telegraph that she was"very disappointed" by the policy reversal, adding that"members of our own parliamentary party staged a coup, effectively".
The policy also received a bitter backlash from Tory MPs and the public, with Labour surging to opinion poll leads not seen since the early 2000s. Ms Truss is facing a fresh battle with Conservative MPs over a potential benefits squeeze and cuts to public spending, after already beingThe PM has not ruled out a real-terms cut to benefits.
But despite growing pressure to outline her position on the issue, Ms Truss reiterated numerous times on Tuesday morning that"no decision has been made".Should benefits rise with inflation? Speaking after Ms Truss's interview round, former Conservative Party leader Sir Iain Duncan Smith said it"doesn't make any sense" to not uprate benefits in line with inflation.
BethRigby It’s pathetic. When there are so many issues at stake, and when she has already done so much damage, why am I so offended by her thin top lip and her willowy wannabe schoolgirl voice?
BethRigby Of course she would, she has helped her rich buddies and was never going to be negatively affected financially
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: LBC - 🏆 17. / 74 Read more »
Source: i newspaper - 🏆 8. / 89 Read more »
Markets and MPs will need more than a tax U-turn from Truss\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t Spot the difference from this list of famous Ghanaians Him? Yeah they need us to abandon the climate alarmism and protect the Channel border.
Source: FT - 🏆 113. / 51 Read more »
Pound and gilts gain after Truss changes course on 45p tax rate cut\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. She looks different 'there is reason to believe that Monday madness was little more than an interaction between speculative bets against the Renminbi and inadequate Sterling liquidity in Asia trading hours, while it is notable that the Poundended last week higher against all G10 currencies' Borrowing to fund the energy rebates is still totally wrong. A windfall tax would be better, as most of the G7 are doing. Leaving corporation tax exactly where it is is not going to give an increase in growth. They have no idea what they are doing. GeneralElectionNow.
Source: FT - 🏆 113. / 51 Read more »
Source: TheSun - 🏆 64. / 61 Read more »
Source: i newspaper - 🏆 8. / 89 Read more »