Nothing illustrates better the cavernous political divide between Keir Starmer and Liz Truss than her Chancellor’s bizarre budget on Friday.
Abolishing the top 45% rate of income tax was plain weird. No one expected it. No one was calling for it. And only those paid £150,000 or more will benefit from it.
Kwasi Kwarteng was meant to be unveiling an emergency budget to deal with the cost-of-living crisis. That required helping lower income families most affected. Instead he gave a £1million earner a £40,000 bonus, and bankers even bigger bonuses.
