4 Oct 2022

UK government abandons plan to cut tax for top earners

From Morning Report, 6:42 am on 4 October 2022

The UK Government hss abandoned its plan to cut taxes for top earners.

The backflip comes days after the policy was announced, and sent the pound plunging.

The move has tarnished the Conservative Party's image as strong economic managers, and undermined confidence in new Prime Minister Liz Truss.

UK correspondent Olly Barratt spoke to Susie Ferguson.