British government abandons plan to scrap 45p tax rate
epa10220791 Britain's Chancellor of the Exchequer Kwasi Kwarteng gives an interview at the Conservative Party Conference in Birmingham, Britain, 03 October 2022. The government announced a U-turn on scrapping the 45p tax rate, which is paid by people earning over 150,000 British pound (171,080.80 euro) a year, following a week of market turmoil and the British pound going historic low against the US dollar. EPA/TOLGA AKMEN
