Five of the most drastic U-turns in British politics

Liz Truss replaces her chancellor and scraps his corporation tax proposals

Liz Truss speaks at Downing Street press conference
Liz Truss will reverse her promise to freeze corporation tax
(Image credit: Daniel Leal / POOL / AFP via Getty Images)

Liz Truss has sacked her chancellor, Kwasi Kwarteng, and announced a reversal of their promise to freeze corporation tax.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us