Kwasi Kwarteng has said attending a champagne reception for Conservative donors on the day of the mini-budget was a mistake.
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In an LBC interview at the party conference, the UK chancellor said 'it probably was not the best' decision to attend a party with hedge fund managers after the mini-budget for about quarter of an hour – maybe more.
Liz Truss’s government has abandoned its plan to abolish the 45% top rate of income tax announced at the mini-budget after a growing Conservative revolt over the policy and a turbulent reaction from markets.
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#KwasiKwarteng #ChampagneReception #MiniBudget #The45p #Economy #CostOfLiving #UK
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
In an LBC interview at the party conference, the UK chancellor said 'it probably was not the best' decision to attend a party with hedge fund managers after the mini-budget for about quarter of an hour – maybe more.
Liz Truss’s government has abandoned its plan to abolish the 45% top rate of income tax announced at the mini-budget after a growing Conservative revolt over the policy and a turbulent reaction from markets.
Politics live – latest updates ► https://www.theguardian.com/politics/live/2022/oct/03/truss-expected-to-abandon-plan-to-abolish-45-top-rate-of-income-tax-live
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition
Website ► https://www.theguardian.com
Facebook ►https://www.facebook.com/theguardian
Twitter ► https://twitter.com/guardian
Instagram ► https://instagram.com/guardian
The Guardian on YouTube:
The Guardian ► https://bit.ly/guardiannewssubs
Guardian Australia ► https://bit.ly/guardianaussubs
Guardian Football ► https://bit.ly/gdnfootballsubs
Guardian Sport ► https://bit.ly/gdnsportsubs
Guardian Live ► https://bit.ly/guardianlivesubs
#KwasiKwarteng #ChampagneReception #MiniBudget #The45p #Economy #CostOfLiving #UK
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