UK's Truss considering corporation tax u-turn next yr -Sun

LONDON – British Prime Minister Liz Truss is contemplating elevating company tax subsequent yr, in a reversal to the mini-budget that has roiled monetary markets, the political editor of the Solar newspaper stated on Thursday.

Truss’s financial bundle included a transfer to scrap a deliberate rise in company tax from 19% to 25% subsequent yr.

“No remaining choice has been made.. however there’s deffo (positively) motion,” the Solar’s Harry Cole stated on Twitter.

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