Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Independent TV

Showing now | News

Video Player Placeholder
'Have you considered resigning?': Kwasi Kwarteng grilled over 45p rate tax cut

00:43

‘Have you considered resigning?’: Kwasi Kwarteng grilled over 45p tax rate cut

Kwasi Kwarteng has said that he has not considered resigning after announcing an astonishing U-turn on a plan to abolish the top rate of income tax for the highest earners.

Speaking to BBC Breakfast's Jon Kay this morning, 3 October, the chancellor was looking at the "growth plan" rather than considering his own position after prime minister Liz Truss said that the mini-budget was a decision he had made.

"We're totally focused on trying to get away from a high tax route to a lower tax route where we can stimulate growth," Mr Kwarteng said.

Sign up to our newsletters.

Up next

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in