Ms Truss and Chancellor Kwasi Kwarteng have been warned they have a \u00a360billion black hole in their tax and spending plans – with sources confirming “a rise in CT is on the table.”<\/p>\n

Another Downing Street insider insisted “it will not go all the way up to 25 per cent” and Britain will “remain competitive on the international stage.”<\/p>\n

A separate source added: “The PM wants to keep the mini budget plan intact but is of course committed to making sure the numbers add up on the 31st.”<\/p>\n

Read More on The Sun<\/strong><\/p>\n<\/p><\/div>\n

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BILL BOOST<\/p>\n
Martin Lewis shows how anyone on Universal Credit can cut essential bill by \u00a3230<\/p>\n
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WINTER WARMER<\/p>\n
LadBaby shares \u00a323 hack to stay warm during the energy crisis <\/p>\n
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<\/div>\n
But No10 sources confirmed a u-turn was under discussion.<\/p>\n
Last month’s Growth Plan claimed not putting up the taxes on big business would see a \u00a318 Billion hit to Treasury coffers by 2026\/27.<\/p>\n
Government sources insisted that next year’s penny off income tax would not be scrapped and the NICS rise will also be scrapped.<\/p>\n
Stamp Duty changes remain unchanged but there could be “movement” on dividend tax plans and investment tax breaks.<\/p>\n
No final decision has been made, and this morning the PM’s official spokesman promised there would be no more u-turns. <\/p>\n
This is a breaking story…<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
LIZ Truss is considering raising Corporation Tax next year in a spectacular mini-Budget u-turn, The Sun can reveal. Her vow to cancel Rishi Sunak’s hike from 19 to 25 per cent tax next April was the centrepiece of her campaign to be PM – but that promise could now be junked. Reuters Liz Truss is […]<\/p>\n","protected":false},"author":2,"featured_media":7181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[66],"tags":[],"class_list":["post-7182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"jetpack_featured_media_url":"https:\/\/teachbytes.com\/wp-content\/uploads\/2022\/10\/britains-prime-minister-liz-truss-763018963.jpg","_links":{"self":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/comments?post=7182"}],"version-history":[{"count":1,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7182\/revisions"}],"predecessor-version":[{"id":7183,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7182\/revisions\/7183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/media\/7181"}],"wp:attachment":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/media?parent=7182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/categories?post=7182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/tags?post=7182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}