UK’s Kwarteng scraps tax cut after market meltdown – POLITICO
Press play to listen to this article U.K. Chancellor Kwasi Kwarteng has junked his plan to cut taxes for high earners after a backlash from financial markets and Conservative Party colleagues that plunged his country into economic crisis. “We get it, and we have listened,” Kwarteng said as he announced the dramatic U-turn on Twitter … Read more