Sky News Breakfast: U-turn on 45p tax rate cuts

Sky News published this video item, entitled “Sky News Breakfast: U-turn on 45p tax rate cuts” – below is their description.

On Sky News Breakfast with Kay Burley, the government’s screeching U-turn on scrapping the 45p tax rate.

– Liz Truss is preparing to scrap plans to remove the 45p top rate of income tax for the highest earners

– Downing Street faces a bitter backlash against the plans led by former Cabinet minister Michael Gove, who said that the Prime Minister had ‘no mandate’ for the change

– Former Transport Secretary Grant Shapps warns that the Government should not be ‘handing big giveaways to people who need them least’

– Kay asks the Chief Secretary to the Treasury Chris Philp what he makes of such a major U-turn

#inflation #costofliving #45p #uturn #government #liztruss

Sky News YouTube Channel

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About This Source - Sky News

Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

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