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Live Kwasi Kwarteng news live: Chancellor rules out resignation as Tories U-turn on 45p tax rate cut The TelegraphKwasi Kwarteng suggests champagne reception was a mistake after confirming U-turn on 45p tax rate plan – live The GuardianLiz Truss scraps controversial 45p tax cut for rich in U-turn after Tory revolt Daily RecordPound wipes out gains after Government’s tax backtrack – live updates The TelegraphKwasi Kwarteng suggests Truss took a decision to U-turn on 45p rate Guardian NewsView Full coverage on Google News .
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