Here's what to know about the U.K.’s new finance minister
over National Health Service contracts and pay for evening and weekend work. His tough stance resulted in the first junior doctor strikes in 40 years, with hospital staff in England walking out of routine and emergency care. Hunt went on to impose a disputed contract.
the 45% rate of income tax for the wealthiest Britons, a decision which Truss and Kwarteng later U-turned on, and the cancellation of a planned rise in corporation tax from 19% to 25% in April. Additionally, the basic rate of income tax was due to be cut from 20% to 19%. , which was a large part of Truss’ political offering, would only remain in place until April rather than the two years that was originally proposed.
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