U-TURN: Chancellor scraps plan to cut top rate of tax KWARTENG: ‘WE GET IT – WE HAVE LISTENED’ Chancellor Rishi Sunak has annnounced a humiliating U-Turn on plans to slash the 45p top rate of tax for highest earners. He tweeted this morning: Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Click to share on LinkedIn (Opens in new window) LinkedIn Like this:Like Loading... Published by davepickering Edinburgh reporter and photographer View all posts by davepickering