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The Latest Breaking News from Tax Cuts

'Utter ineptitude': Nicola Sturgeon reacts to UK Government's 45p tax rate U-turn

FIRST Minister Nicola Sturgeon has reacted to the news that Kwasi Kwarteng will abolish plans to scrap the 45p tax rate for top earners.

The National (Scotland)

Kwarteng to make crunch conference speech as revolt grows over tax cuts for rich

The Chancellor will insist that his plan to boost growth is right despite mounting opposition from senior Tories.

The Independent UK

‘We must stay the course with tax plan,’ Chancellor to say in crunch Tory conference speech

Kwasi Kwarteng will defend his planned tax cuts following criticism from Michael Gove

Evening Standard

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Tory MPs threaten rebellion against Liz Truss over mini-budget

Party conference overshadowed by fears that refusing to do a U-turn on tax and spending cuts will kill off election chances

The Guardian - UK

Truss’s mini-budget looks likely to cost the Tories the next election

Tory MPs fear voters see them as the nasty party again after the prime minister refused to rethink tax cuts for the rich

The Guardian - UK

Alan Kohler: Past budgets and tax cuts are a foreign country

When LP Hartley wrote “the past is a foreign country: they do things differently there”, as the first line of his novel The Go-Between, he was on about

The New Daily

Tory MPs hit back after threats issued to those opposing 45p tax rate abolition

Party chair Jake Berry’s ‘very provocative and very silly’ warning risks ‘breaking the dam’, say backbenchers

The Guardian - UK

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Radon Liz hits the Tory conference with all smirks blazing

Upbeat yet catatonic, the prime minister gives party members the impression she positively enjoys being unpopular

The Guardian - UK

Gove joins assault on Liz Truss package of tax cuts for the rich

‘Wrong values’: Rebel Tories warn PM will struggle to get 45p rate move through parliament

The Independent UK

Majority of Australians back sound economic management over keeping promised tax cuts, survey suggests

Almost half of those polled support axing stage three cuts while one quarter thought they should be kept

The Guardian - AU

High income earners oppose tax cut plan

Pressure is mounting on the Albanese government to ditch the planned stage three income tax cuts as new research reveals most Australians oppose the plan.

AAP

UK's Truss admits tax cuts misstep at start of tense Tory conference

Birmingham (United Kingdom) (AFP) - UK Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her recent debt-driven mini-budget, which slashed taxes and sparked market turmoil, as her restive ruling Tories kick off their annual conference.

AFP

Anger as Tory chairman says Brits who can't afford bills can cut spending or get new job

Jake Berry was accused of 'living on another planet' after he made the comment while defending tax cuts for the rich in Liz Truss’s mini-Budget

Daily Mirror

Michael Gove 'profoundly' concerned about Liz Truss's tax plans

FORMER Conservative Cabinet minister Michael Gove has said he is “profoundly” concerned about Liz Truss’s vast tax cuts as he suggested he…

The National (Scotland)

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The Independent UK

Nadine Dorries accuses Liz Truss of ‘throwing Kwasi Kwarteng under bus’ over tax cuts

Prime minister provokes fresh row at start of Tory conference

Daily Mirror

Kwasi Kwarteng admits markets meltdown after mini-Budget ‘really ruined my sleep’

Kwasi Kwarteng accepted that the bombshell blueprint for £45bn in tax cuts funded by borrowing had been done 'at very high speed' but he was convinced it was the right plan

The Independent UK

UK's Truss sticks by economic plan as her party worries

British Prime Minister Liz Truss has acknowledged she could have done a better job “laying the ground” for her package of unfunded tax cuts

Evening Standard

Michael Gove hints he may vote against Truss’s ‘profoundly concerning’ tax plans

The influential figure in the Tory party said using borrowing to pay for tax cuts is ‘not Conservative’.

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The Independent UK

Tory MPs told they will lose whip if they vote against Budget – as Gove refuses to say he’ll back it

Michael Gove ‘profoundly’ worried by Truss plan – as Tory chair threatens rebels with suspension

Daily Record

Michael Gove savages Liz Truss moments after BBC interview as he hints he won't vote for tax cuts

Liz Truss admitted on Sunday with Laura Kuenssberg that she could have done more to prepare the ground for Kwasi Kwarteng's financial statement.

The Independent UK

Michael Gove could vote against Truss’s ‘profoundly concerning’ tax plans

The influential figure in the Tory party said using borrowing to pay for tax cuts is ‘not Conservative’.

Daily Mirror

Michael Gove attacks Liz Truss's tax cuts for richest Brits as 'display of wrong values'

The former cabinet minister says there is an 'inadequate realisation' at the top of Liz Truss's government over the 'scale of the change required' in mini-Budget plans

The Guardian - UK

Michael Gove says Liz Truss’s tax cut plans ‘not Conservative’

Influential former minister hints he will not vote for mini-budget measures in blow to PM

Nottingham Post

Liz Truss admits she could have 'laid the ground' better on tax cuts

She confirmed the decision to scrap the top rate of income tax for the nation’s highest earners was made by Kwasi Kwarteng rather than being agreed by the wider Cabinet.

The Guardian - UK

The Observer view on why Tory MPs must stop Liz Truss’s ‘reverse Robin Hood’ policies

Cutting services to fund tax cuts for the very wealthy is not only cruel amid a cost of living crisis, it’s also unmandated

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