SLOUGH and Windsor politicians clash over the latest government U-turn, which would have cut thousands of pounds in tax for the wealthiest.

Following an avalanche of criticism from the public and some Conservative MPs, Chancellor of the Exchequers Kwasi Kwarteng was forced to abandon a plan to abolish the top rate of income tax for the highest earners.

The Chancellor acknowledged that their desire to axe the 45 per cent rate on earnings over £150,000 in a move to be paid for by borrowing become a “terrible distraction” and that the government now “gets it”.

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Reacting to the latest U-turn, about a month into prime minister Liz Truss’ leadership, Windsor’s Tory MP Adam Afriyie said he was “deeply disappointed” in the move.

He said: “I am deeply disappointed that people will not now be able to benefit from the growth and increased tax revenues that would come from bringing the highest rate back down to 40 per cent as it was under the last Labour government.”

Meanwhile, Slough’s Labour MP Tanmanjeet Singh Dhesi said he was pleased to see yet another U-turn but feared the “damage has already been done”.

“This latest crisis in Downing Street will once again be paid for by ordinary, hardworking Brits through higher mortgages and higher prices,” he said.

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“Instead of continuing with the rest of their failed trickle-down economic strategy, giving unfunded tax cuts to the richest, increasing our national debt, and imposing huge cuts on much-needed public services, they should prioritise those struggling with the rising cost of living.

“Currently, this new Prime Minister and Chancellor are a huge liability, making it up as they go along.”