ministers discovered the art of quick walking when in the company of cameras. you are going to bump into walls, you are going to bump into a column. although others would talk. sometimes you have to face political reality and listen and that is what they have done. the majority of - what was announced, so the cut in - national insurance, the cut in corporation tax is going ahead, . and that is fundamentally important to get to economic growth. this was the flotsam and jetsam of the announcement. thank you. and as for what labour make of it. the mini budget showed what their instincts were, it was to cut taxes for the wealthiest in society, paid for by borrowing, which in the end, current and future taxpayers will have to pay for. the prime minister and chancellor have binned one bit of plans that improved impossible to sell. there is a lot else that may not prove popular either. the prospect of spending cuts, benefits cuts and spiralling interest rates which critics will blame on t
of the announcement. thank you. and as for what labour make of it. the mini budget showed what their instincts were, it was to cut taxes for the wealthiest in society, paid for by borrowing, which in the end, current and future taxpayers will have to pay for. the prime minister and chancellor have binned one bit of plans that improved impossible to sell. there is a lot else that may not prove popular either. the prospect of spending cuts, benefits cuts and spiralling interest rates which critics will blame on them. and then there are those within the conservative party who are sceptical of the government, who will now ask on what else might they budge? the chancellor of the exchequer. enter at less than a gallop kwasi kwarteng, for his hastily rewritten speech, greeted by polite applause. thank you, conference. what a day.
but i am not going to cut the additional rate of tax today, mr speaker. i am going to abolish it all together. from april 23rd, we will have a single higher rate of income tax of a0%. in contrast, the chancellor this morning, with the prime minister yesterday. are you absolutely committed to abolishing the 45 pence tax rate for the wealthiest people in the country? yes. little wonder after the u turn some ministers discovered the art of quick walking when in the company of cameras. you are going to bump into walls, you are going to bump into a column. although others would talk. sometimes you have to face political reality snf listen and that is what they have done. the majority of what was announced, so the cut in national insurance, - the cut in corporation tax. is going ahead, and that is fundamentally important. to get to economic growth. this was the flotsam and jetsam of the announcement. thank you. and as for what labour make of it. the mini budget showed what their instincts
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fundamentally important to get to economic growth. this was the flotsam and jetsam of the announcement. thank you. and as for what labour make of it. the mini budget showed what their instincts were, it was to cut taxes for the wealthiest in society, paid for by borrowing, which in the end, current and future taxpayers will have to pay for. the prime minister and chancellor have binned one bit of plans that improved impossible to sell. there is a lot else that may not prove popular either. the prospect of spending cuts, benefits cuts and spiralling interest rates which critics will blame on them. and then there are those within the conservative party who are sceptical of the government, who will now ask on what else might they budge? the chancellor of the exchequer. enter at less than a gallop kwasi kwarteng, for his hastily rewritten speech, greeted by polite applause. thank you, conference.