Yesterday, Kwasi Kwarteng announced yet another Tory U-turn. This time, we discovered, that he would not be scrapping the 45% tax rate for the rich.
The Chancellor just last week revealed he’d be cutting the tax paid by people earning more than £150,000 a year during his “mini-budget”.
That was met by anger from all sides, including his own MPs that the rich should be the last people benefitting whilst many in the country are struggling to pay their bills and feed themselves.
