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

UK PM Truss agreed pension commitment with finance minister - spokesman
UK PM Truss agreed pension commitment with finance minister - spokesman Copyright  Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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LONDON - British Prime Minister Liz Truss is considering raising corporation tax next year, in a reversal to the mini-budget that has roiled financial markets, the political editor of the Sun newspaper said on Thursday.

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Truss's economic package included a move to scrap a planned rise in corporation tax from 19% to 25% next year.

"No final decision has been made.. but there's deffo (definitely) movement," the Sun's Harry Cole said on Twitter.

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