UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil | HuffPost Latest News

Chancellor of the Exchequer Kwasi Kwarteng, and Prime Minister Liz Truss during a tribute to the late Queen Elizabeth II at the start of the Conservative Party annual conference at the International Convention Centre in Birmingham on Oct. 2, 2022.

Truss is a YO-YO PM

Treasury chief Kwasi Kwarteng announced a U-turn over an unfunded tax cut unveiled just days ago that proved unpopular even with his Conservative Party.

Source: UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil | HuffPost Latest News