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Page 5 - Labour Make News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BBCNEWS BBC News at Ten June 4, 2024 21:05:00

cut the additional rate of tax today, mr speaker. i am going to abolish it altogether. from april 23rd, we will have a single higher rate of income tax of a0%. and contrast the chancellor this morning with the prime minister yesterday. are you absolutely committed to abolishing the 45p 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 and listen and that is what they have done. the overwhelming 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 very much. and as for what labour make of it. well, the mini budget showed what their instincts we

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