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.
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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