ABC News (Australia) published this video item, entitled “UK government backs down on controversial tax plan | The World” – below is their description.
In a humiliating backdown for UK Prime Minister Liz Truss, the Chancellor has scrapped the tax rate cut for top earners. In a statement, Kwasi Kwarteng says the proposals announced in the UK’s mini-budget had “become a distraction”, and had been criticised as unfair given the rising cost of living.
ABC News (Australia) YouTube Channel
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