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U turning on Reputational damage?

10 days, 4 denials and 1 major Bank of England intervention later, Britain’s finance minister - known as the Chancellor has cancelled his proposed scrapping of the top rate of income tax for those earning more than £150k. It follows a very negative...

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05.40 4 Oct 2022


U turning on Reputational damage?



Share this article

05.40 4 Oct 2022


10 days, 4 denials and 1 major Bank of England intervention later, Britain’s finance minister - known as the Chancellor has cancelled his proposed scrapping of the top rate of income tax for those earning more than £150k. 

It follows a very negative reaction on the markets including a pounding of the Pound all last week. One man who knows how international markets work is Professor David Blanchflower and joined Joe on the show this morning.


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