UK’s Truss forced into U-turn on tax after week of market turmoil

Capt. John

British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party. Finance minister Kwasi Kwarteng said the decision had been...

https://www.hellenicshippingnews.com/uks-truss-forced-into-u-turn-on-tax-after-week-of-market-turmoil/

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