Truss U-turned on tax cuts for the super-rich – now she can axe the rest of her disastrous budget | Simon Jenkins

The PM and Kwasi Kwarteng have been forced into a humiliating reverse. If they want to stem public fury, they must go further

Good news. The lady is for turning. Liz Truss has had a nightmare week. She galvanised her chancellor, Kwasi Kwarteng, to produce a crazily ideological budget shorn of the normal checks and balances. The head of the Treasury was sacked, the Bank of England ignored, Whitehall’s official factcheckers stifled and the cabinet left in the dark. It was 2012’s “omnishambles” budg...

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Published on October 03, 2022 03:41
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