Watch UK Chancellor Jeremy Hunt Scraps Nearly All Government Tax Cut Plans News Video

27 sec read

“Chancellor Jeremy Hunt has axed most of Liz Truss’s mini-budget, as the prime minister tries to remain in power.

“Mr Hunt announced he was scrapping “almost all” of the tax cuts announced by the government last month, in a bid to stabilise the financial markets.

“A minister had to deny Ms Truss was hiding “under a desk” after the prime minister did not attend a clash with Sir Keir Starmer in the Commons.

“Five of her own MPs have now called on her to resign.

“Many more Conservative MPs are calling on the prime minister to quit in anonymous briefings.

“But Ms Truss told the BBC she intends to lead the Conservatives into the next general election and apologised for making mistakes.”

Read more at BBC

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