Major review of taxes including child benefit for two million families is quietly axed

A major review of the tax system that was announced under Liz Truss has been axed.

Sources confirmed the Treasury is no longer going ahead with a bid to make taxes “better for families”, that was promoted by the disastrous 49-day PM.

Ex-Chancellor Kwasi Kwarteng said in his calamity-ridden ‘mini-budget’ that the government would “conduct a review” to report back in 2023.