British Prime Minister Liz Truss on Friday scrapped more key tax-cutting policies after sacking her finance minister, in a bid to placate markets after the government’s controversial “mini-budget.” “It is clear that parts of our mini-budget went further and faster than the markets were expecting,” Truss said in a brief press conference. Truss scrapped the pledge to reverse predecessor Rishi Sunak’s hike of corporation tax from 19% to 25%, a decision estimated to restore around £19 billion ($21.4 billion) to the Treasury’s coffers by 2026. Finance Minister Kwasi Kwarteng was fired on Friday after less than six weeks ... (full story)