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UK to Scrap Top 45% Rate Income Tax, Kwarteng Says

Kwasi Kwarteng, UK chancellor of exchequer, departs 11 Downing Street to present the UK's fiscal plans in Parliament, in London, UK, on Friday, Sept. 23, 2022. With expectations of tax cuts and sweeping deregulation, businesses are likely to be a big beneficiary of Kwarteng's mini-budget on Friday.
Kwasi Kwarteng, UK chancellor of exchequer, departs 11 Downing Street to present the UK's fiscal plans in Parliament, in London, UK, on Friday, Sept. 23, 2022. With expectations of tax cuts and sweeping deregulation, businesses are likely to be a big beneficiary of Kwarteng's mini-budget on Friday.

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