UK Finance Minister says he will reverse almost all 'growth plan' tax charges

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UK Chancellor Jeremy Hunt announces updated tax and spending measures in an emergency statement.
UK Finance Minister says he will reverse almost all growth plan' tax charges.
Hunt's move is to reassure financial markets after they tanked following the mini-budget announcement.

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The Tories are playing a very clever came, making you believe that they are giving you something for nothing, when it was already yours. 🤣🤣🤣🇬🇧

subliminalart.
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Yet funds from offshore tax havens that buy assets are not taxed and then they pay no tax on the money earned.

toddb
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This will not stabilize the markets immediately, the damage has been done to the trust in this Government.

MySpace
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Time for countries to nationalise their mineral and fossil fuel resources.

toddb
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So we go from one extreme to another. I'm absolutely disgusted. There is not reason not to keep to the energy plan.... If they did a windfall tax and took some suppliers back into public ownership. Stopped things like non dom status and closed all corp tax loopholes as well as a wealth tax on the super wealthy. Absolutely disgusted

bereal
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All he's done is reassure the markets for the rich, he's looking after the rich making sure they don't lose money.

alanjeffs-eplq
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Meet Jeremy Hunt - the UK's new PM 😉

LeighRichards
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such a shame they caved to critics, their plan would have jump started the economy and ended inflation

JogBird
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Just saying ...you may want to check England Silver storage ....The English term is " storage cupboards is bare " ...All metal refineries in EU shut down ( no kidding )

danielarcadia
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Does this mean they're going to raise the price on Eel Pies ?!?!

tyrranicalt-rad
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So he is doing nothing, a dead battery

ianlewis
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What a disaster, the train wreck that is brexit, the Troy's baby.

buster
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Stability?? Remove the sanctions on cheap Russian oil and gas.

jjcam
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Liz truss …. Everything is going downhill. What shall we do for the ppl ? I know ! Let’s give more tax BREAKS TO THE RICH. THAT WILL FIX THINGS 😂

factsoverfear
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How as a an american, often times i wish we had a parliment system. Good on the chancellor.

MrQuinn-tcuo
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What are they going to INVEST in?! No green energy, no infrastructure, no plans for being competitive?!!!

fbenbow
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If you English folk think the rich outnumber the poor then the elections justify the results but If you think the poor outnumber the rich then you are asking what is going on lets be honest your pocket has got nothing but lighter over recent years while the rich are breaking their backs to hold on to their pockets >Now I ask you the poor citizen AM I WRONG

thenotchosen
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Could have just means tested the cuts, but that would mean corporations and hoarders (original meaning) don't get any. If they means tested past cuts it would balance the tax burden, and eliminate exploits that only those with too much money can use.

nathanlevesque
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🇰🇪🇰🇪 how will this UK move affect Kenyans...?

aggreyopondo
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Maybe if her last name was spelled Trust, she'd behave differently

stopdeforestation