Kwarteng shouldn't resign because U-turn was political reality, says Jacob Rees-Mogg
Jacob Rees-Mogg said the Government's U-turn on the income tax cut was the result of "political reality" as he insisted Kwasi Kwarteng should not resign as Chancellor. The Business Secretary said there had been "sound and fury that signifies nothing" over the decision not to go ahead with the plans to scrap the 45p additional rate. He told The Telegraph's Chopper's Politics podcast at Conservative Party conference that the Government had no choice but to change tack because the "political reality" was that the policy had not been well-received. Read the full story here: https://www.telegraph.co.uk/politics/2022/10/03/liz-truss-news-kwarteng-45p-tax-conservative-conference-updates/ Subscribe to The Telegraph with our special offer: just £1 for 3 months. Start your free trial now: https://www.telegraph.co.uk/customer/subscribe/digitalsub/3for1/?WT.mc_id=tmgoff_pvid_conversion-subscription_editorial-iniative_03-22_EGW-13_organic_youtube Get the latest headlines: https://www.telegraph.co.uk/ Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture. #jacobreesmogg #politics #chopperspolitics
