Liz Truss Points Finger At Kwasi Kwarteng Over 45p Tax Cut Fiasco

Liz Truss has blamed Kwasi Kwarteng for the row which has engulfed the government over the decision to cut taxes for the rich.

The prime minister said it was the chancellor’s decision to axe the 45p income tax rate paid by those earning more than £150,000.

She also revealed that the controversial decision – which contributed to the turmoil which hit the UK economy in the wake of Kwarteng’s mini-budget – was taken without the cabinet being consulted. 

However, Truss rejected calls by Tory MPs for government to U-turn.

Asked on the BBC this morning if she was sticking to the decision to axe the 45p rate, the PM said: “Yes, it was part of an overall package of making our tax system simpler and lower.”

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