By Truss later this afternoon.
link from Sky News
https://news.sky.com/story/politics-...onomy-12593360
PM to hold press conference at 2pm
The prime minister will hold a press conference later today - amid speculation she is going to drop plans to cut corporation tax.
The briefing will be held at 2pm, Reuters news agency reports.
Deputy political editor Sam Coates says sources have told him "it looks as if the deal has been done".
He says it is "quite likely to be some kind of announcement today, which is quite likely to involve a rise in corporation tax".
"This is her flagship policy now, very much in the firing line, potentially within hours, maybe even just within the minute."
Coates says there have been "emerging tensions" over who should get the blame for the first U-turn of this mini-budget, which was the decision to go back on the decision to scrap the top rate of tax.
These issues have contributed to a difficult first five and a half weeks on the job for Ms Truss and her chancellor, and now, they're having to come back together, Coates adds.
link from Sky News
https://news.sky.com/story/politics-...onomy-12593360
PM to hold press conference at 2pm
The prime minister will hold a press conference later today - amid speculation she is going to drop plans to cut corporation tax.
The briefing will be held at 2pm, Reuters news agency reports.
Deputy political editor Sam Coates says sources have told him "it looks as if the deal has been done".
He says it is "quite likely to be some kind of announcement today, which is quite likely to involve a rise in corporation tax".
"This is her flagship policy now, very much in the firing line, potentially within hours, maybe even just within the minute."
Coates says there have been "emerging tensions" over who should get the blame for the first U-turn of this mini-budget, which was the decision to go back on the decision to scrap the top rate of tax.
These issues have contributed to a difficult first five and a half weeks on the job for Ms Truss and her chancellor, and now, they're having to come back together, Coates adds.
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