Connect with us

Hi, what are you looking for?

Top News

Index – Outside – Liz Truss gave up, in the end they won’t vote on the tax cut

Index – Outside – Liz Truss gave up, in the end they won’t vote on the tax cut

British Prime Minister Liz Truss has said she will postpone a vote on the £45 billion unfunded tax cut programme. Sky NewsMinister in the Cabinet. The proposal was announced last Friday, despite protests until yesterday There was no indication of that to postpone the vote. The tax cut proposal was not helpful to fairyAnd no, because Its value has reached a record low against the dollar last week.

The vote will likely take place in the spring, before the budget is approved.

Several Conservative MPs have expressed their displeasure with the proposal, and have begun negotiations with Labor over how to block the prime minister’s plans. Some MPs consider Truss’s performance so poorly and the budget so disastrous that they want him removed from office.

Michael Gove, the leader of the Conservative Party, had said earlier that the tax cuts should primarily benefit those who need them most; While former Cabinet Secretary Grant Shapps accused the prime minister and chancellor of “putting everything they can to do” in the hope that a vote on tax cuts would lead to economic growth.

“Liz Truss will avoid having to deal with MPs in the coming weeks, effectively buying herself time,” Sky News political editor Beth Rigby said of the proposal.

The chancellor is expected to double the mini-budget soon. Sources close to the chancellor said that a vote on the finance bill is scheduled for next year.

(Cover Image: Stefan Rousseau/PA Images/Getty Images)

See also  Will Trump come or not? An interesting decision was made
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...


A dangerous application appeared in the Apple App Store disguised as a known program. reported the Based on TechCrunch article. Dangerous app in...


Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2023 Campus Lately.