Fri, Oct 14, 2022
British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, shortly before she is expected to cut parts of their economic package in a desperate bid to survive the market and the political turmoil that grips the country. Now the opposition Labour Party is demanding the resignation of Liz Truss. Why did UK sacked the finance minister? Watch this special report on India 360.
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Kwarteng returned to London early on Friday, cutting short a trip to Washington amid reports the government was planning to U-turn on tax cuts announced in a "mini-budget" announced by Kwarteng last month.
Mon, Oct 03, 2022
The UK government took a U-turn on tax cuts in a week. Britain will no longer reduce taxes. Withdrawn the proposal to remove 45% tax. Those earning more than £1.5 million a year were to get the exemption. The pound fell to a record low. Know the complete details from Kushal Gupta.
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