In a humiliating U-turn, the UK government has been forced to abandon its plan to abolish the 45% top rate of income tax, it comes after a growing Conservative party revolt over the policy and turbulent reaction from the markets.

UK Prime Minister Liz Truss refuses to rule out welfare cuts, faces rebellion over benefits payments

UK Economy: Chancellor Kwasi Kwarteng rolls back decision on tax cuts

King Charles III will not be attending the cop27 summit. According to reports, the king was reportedly advised by Prime Minister Liz Truss to not attend the event in Egypt.

Reports: King Charles to skip cop27 summit held in Egypt

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis. According to the Observer poll, the approval ratings of Liz Truss and the Tories have plunged.

Cost of living crisis worsens in UK; Liz Truss' approval ratings plunge

Proposed UK tax cuts caused ‘a little turbulence’, says finance minister Kwasi Kwarteng

Top 10 world news: Khamenei blames US, Israel for mass protests, Nord Stream 1 leak stops & more

UK economy | Liz Truss' U-Turn on 45% tax cut for the rich

UK makes U-turn, eliminates tax cut for high earners following market unrest

British Prime Minister Liz Truss will delay the vote on counting 45-point rate of tax for higher earners. This is being reported by a leading British publication quoting government sources. Last Friday Chancellor Kwasi Boateng announced the tax cuts as part of his mini budget.

UK Economy | Kwarteng: Will now focus on delivering growth package

UK: Prime Minister Liz Truss will delay vote on 45P tax cut for the wealthy

Tory MPs threaten rebellion against Truss over mini-budget

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people. According to the Observer poll, the approval ratings of Truss and the Tories have plunged.

Is UK's financial disaster a warning to the world?

UK PM Truss' ratings plummet lower than Johnson's

King Charles III not to attend COP27 after 'objection' from PM Liz Truss: Report

Liz Truss’ approval ratings plunge lower than Johnson's just before his ouster

UK PM Liz Truss has admitted that mini-budget caused disruption in the British economy. She said, not everyone will like what we are doing but the British economy will bounce back.

UK PM Liz Truss admits mini-budget caused disruption

UK PM Liz Truss has now broken silence on the mini budget that her government has unveiled. Truss has defended her decision to cut taxes. She said, "the tax cuts and energy support plan will get the economy moving and will deal with inflation."

UK PM Liz Truss defends tax cuts, mini budget

UK: Truss to hold emergency talks with fiscal watchdog as poll puts Labour 33 points ahead

The Bank of England is in crisis mode. It has decided to buy government bonds to stabilise the UK's financial system. But UK PM Liz Truss has refused to change course. Priyanka Sharma tells you more.

Gravitas: Trussonomics gets a thumbs down

According to a YouGov poll, United Kingdom's Labour have surged to a 33-point lead over the ruling Conservatives, the largest lead any party has enjoyed since the late 1990s.

YouGov poll: UK's Labour has 33-points lead over ruling Conservatives

Liz Truss' government slammed for plans to scrap pesticide law after Brexit

Conservative MPs warn UK PM Liz Truss to fire British Chancellor Kwasi Kwarteng or face mutiny

As pound slips, Bank of England steps in to buy bonds and restore parity

Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report

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