Image:
Credit: Andrew Parsons / No 10 Downing Street
PM replaces Chancellor and reverses plans to abolish 45p corporation tax rate, but experts warn spending cuts likely still needed to fill hole left by remaining uncosted tax cuts
Liz Truss has signalled real-terms spending cuts could be the way as the embattled Prime Minister confirmed a screeching fiscal policy U-turn and the sacking of her Chancellor Kwasi Kwarteng this afternoon,...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
- Choose from 3 paid membership levels or start a 7-day no strings trial
