Kwasi Kwarteng - The UK will not go ahead with plan to scrap 45p rate of income tax

• UK Government: The UK will not go ahead with plan to scrap 45p rate of income tax.

Ryan Paisey

Monday, 03/10/2022 | 06:27 GMT

03/10/2022 | 06:27 GMT

• 0

Kwasi confirms the U-turn

The UK will not go ahead with plan to scrap 45p rate of income tax.

Tags

• GBP

Most Popular

• In-line CPI report leads to a blockbuster day for US stock markets
• US stocks open higher led by the NASDAQ index
• USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
• Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
• USD/JPY looks to US CPI report to potentially break ping pong range
• BOJ reportedly erring towards keeping interest rates unchanged next week
• USD/JPY back above 153.00