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IFS: Millions in Britain ‘face stealth tax raid’ under Liz Truss’s plans

For every £1 given workers by cutting tax rates £2 was being taken via freeze on income tax thresholds, thinktank calculates

The Guardian |  | Fuente original

Elon Musk to proceed with $44bn buyout of Twitter after U-turn

Tesla chief executive had been set for court showdown after attempting to scrap deal

The Guardian |  | Fuente original

UK price cap on household energy bills expected to cost £89bn

Exclusive: Liz Truss’s intervention to freeze domestic energy bills could cost between £72bn and £140bn, analysis finds

The Guardian |  | Fuente original

What is the impact of 45p tax U-turn on markets and mortgages?

Kwasi Kwarteng and Liz Truss will be hoping move reverses some of effects of mini-budget

The Guardian |  | Fuente original

Tory MPs plot to avert welfare squeeze after humiliating U-turns

Kwasi Kwarteng to bring forward fiscal statement to later this month amid disquiet in party over spending cuts hitting poorest

The Guardian |  | Fuente original

Liz Truss abandons plan to scrap 45p top rate of income tax amid Tory revolt

Government makes U-turn over proposal to abolish top-rate tax cut after growing backlash over mini-budget

The Guardian |  | Fuente original

Brazil election: ex-president Luiz Inácio Lula da Silva to face Jair Bolsonaro in run-off

Brazilians will go to the polls again after former president won the first vote but failed to secure a majority over the incumbent

The Guardian |  | Fuente original