Political News

Truss makes humiliating u-turn on corporation tax, future in doubt

By Frank Prenesti

Date: Friday 14 Oct 2022

(Sharecast News) - Embattled UK Prime Minister Liz Truss was forced into a humiliating u-turn on Friday, abandoning her pledged marquee cut in corporation tax, as she said she planned to stay in power hours after sacking her finance minister and ideological soulmate Kwasi Kwarteng.
In another tumultuous day of drama,...

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