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UK ‘tax sop for rich’ rolled back

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On Monday, an embattled Kwarteng announced he would not go ahead with plans to abolish the 45p additional tax for those who earn above £150,000 (Rs 1.3 crore) annually in the UK following a growing backlash from the members of his own Conservative party and the public who had branded the move as a tax cut for the rich.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/Qj1Wvfr

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