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Britains Prime Minister Liz Truss arrives to attend the opening day of the annual Conservative Party Conference in Birmingham, central England, on October 2, 2022. (Oli SCARFF / AFP)

UK scraps tax cut for wealthy that sparked market turmoil

The U-turn came after a growing number of lawmakers from the governing Conservative Party turned on govt tax plans...

3 Oct 2022 1:52 PM IST