Displaying items by tag: budget rewritten

On 17 October Jeremy Hunt reversed 60% of the promised recent tax cuts and committed to reduce the two-year energy price guarantee to six months, while introducing ‘a new approach’ to the most needy after winter. A cut in basic income tax rate, promised by two chancellors this year, was cancelled. Pray for adequate advice and aid for those facing staggering rises in the cost of living. The changes caused political turmoil. On 18 October, senior aide Jason Stein was suspended for leaking information to the media. Next, home secretary Suella Braverman resigned because she had broken the ministerial code, and attacked Ms Truss's leadership in her resignation letter. Grant Shapps, who six weeks ago was sacked as transport secretary, replaced her. On the 19th an attempted fracking ban sparked havoc when rebellious Tories were threatened with party expulsion if they didn’t back Liz Truss. See the previous article, PM resigns.