Liz Truss has U-turned and SCRAPPED her most divisive tax cut for the rich after a Tory revolt.
The humiliated Prime Minister dropped her plans to axe the 45p top Income Tax rate just a day after saying she was "absolutely committed" to it on national TV.
As reports emerged of a U-turn in the small hours, one ex-Cabinet minister branded the PM a "dead woman walking" who would be gone by Christmas.
