2022-10-04
Times Front Page 4th of October 2022
According to The Times, Priti Patel will warn that the Conservative Party will “live or die” by its economic credibility over Liz Truss’s unfunded tax cuts.
According to The Times, Priti Patel will warn that the Conservative Party will “live or die” by its economic credibility over Liz Truss’s unfunded tax cuts.
In an exclusive report for the Daily Express, prime minister Liz Truss ditched plans to axe the 45p top tax rate after “listening to people’s concerns.”
The Daily Mail reports that Liz Truss has been criticized by senior Conservatives for caving in over tax cuts.
After being forced to abandon her plans to abolish the 45p top rate of tax, Liz Truss faces a new battle with Tory MPs over reducing benefits in real terms.
According to the Daily Mirror, the chaos of Kwasi Kwarteng’s mini-budget will still cost billions despite his top tax U-turn.
After scrapping his tax cuts for the country’s wealthiest earners, Kwasi Kwarteng admitted he had a tough day, but said he can now get on with his job.
The Guardian reports that Conservative MPs are planning to avert the squeeze on welfare after Liz Truss reversed course on plans to abolish the highest income tax rate and the date of a new mini-budget.
MPs have told the i that Liz Truss faces a Tory rebellion over cuts to benefits and public spending.
Despite the prime minister’s plans to cut public services, Centrist conservative MPs have vowed to block them, writes The Independent.
Liz Truss and Kwasi Kwarteng make a “screeching” U-turn on the 45p tax rate cut, referring to the prime minister as a “Poundland Thatcher”.