Kwasi Kwarteng: 'What a day!' Chancellor admits it's been tough after fiscal plan caused 'a little turbulence'
15 Articles
15 Articles
UK chancellor Kwasi Kwarteng laughs off ‘little turbulence’ after U-turn on tax cut for the wealthy
UK chancellor Kwasi Kwarteng sought to shrug off the chaos that triggered his astonishing U-turn on income tax cuts for the highest earners as a “little turbulence” as he battled to regain authority.
Proposed UK tax cuts caused ‘a little turbulence’, says finance minister Kwasi Kwarteng
British Finance Minister Kwasi Kwarteng said that it has been a “tough day” as the government decided to not introduce the controversial tax cuts for high earners in the country. During his speech at the Conservative conference, Kwarteng said that the economic plan caused “a little turbulence”. “It has been tough but we need to focus on the job in hand. We need to move forward. No more distractions. We have a plan and we need to get on and deliv…
Kwasi Kwarteng: What a day! Chancellor admits fiscal plan caused 'a little turbulence' but vows to plough on with economic plan
Kwasi Kwarteng had to change his speech at the last minute after rowing back on slashing the 45p rate of income tax for the wealthy, following a series of senior Tories criticising the plan after a week of economic turmoil.
Coverage Details
Bias Distribution
- 42% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage