Monday, February 23, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Douglas Ross: U-turn on top rate of income tax ‘the right decision’

by Elizabeth Arnold
October 4, 2022
in Finance
Reading Time: 4 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter

Abandoning a plan to abolish the 45p top rate of income tax for the highest earners is “the right decision” by the Chancellor, Scottish Conservative leader Douglas Ross has said.

He told a fringe event at the Conservative Party conference in Birmingham that politicians “have to listen and respond and that is exactly what the Chancellor has done”.

Mr Ross said: “This morning we know that the Chancellor has confirmed a change to the budget that was presented 10 days ago.

“I think he’s made the right decision – the best parts of the Government’s growth plan going forward remain and the area that caused most concern has gone. Politicians have to listen and respond and that is exactly what the Chancellor has done.”

Taking questions, he told the PA news agency: “What we have seen is an immediate response from the markets as a result of the change announced by the Chancellor, but we have to continue to look at the positive aspects of the budget.

“For me, there’s a lot of positivity in there that can deliver for the people I represent in Moray, in the Highlands, across Scotland and across the UK.”

On benefits, he told members during the Q&A: “The Government also have to protect the most vulnerable, and I am certain that the Government led by Liz Truss will do that to ensure that people have opportunities to support themselves and their families, and we have seen that the Conservative Parliamentary Party which Liz leads, and in her role as Prime Minister, will make sure that those who need the most will get it when they need it most.”

During his speech, Mr Ross said his background was “as far away as possible from Eton and the City of London”.

He turned his fire on the SNP Scottish Government for being “obsessed with centralisation that has stripped funding from communities and local services”.

He said: “The result after 15 years of the SNP’s Scotland is that the place where you live has a huge impact on the quality of life you will have.”


The Scottish Conservatives are Scotland’s real alternative to this tired and failing SNP Government

Douglas Ross

On educational attainment, Mr Ross said: “The reality is, under the SNP, kids from the most deprived areas of Scotland are less likely to go to university than similar disadvantaged youngsters in England and Wales.

“For a First Minister and an SNP Government forever boasting about how ‘progressive’ they are, that is a shameful badge of failure.”

He said the Scottish Conservatives would set up a National College of Scotland “so that further education and training is available virtually wherever you live”.

He added that it would adopt a “rural first” approach, and said: “We will also ensure that every policy is rural-proofed so that the resources are in place for it to be rolled out in more sparsely populated areas.”

Setting up a Rural Development Bank “would provide dedicated funding for projects that will create jobs and prosperity in rural areas or support our agricultural sector”.


His party haven’t come close to winning an election here in almost 70 years

Rona Mackay

Mr Ross added: “So today we continue to show that on education, economic development, housing and many other areas the Scottish Conservatives are Scotland’s real alternative to this tired and failing SNP Government.”

His party “would work with the UK Government rather than manufacture grievance at every turn”.

SNP MSP Rona Mackay said Mr Ross had a “brass neck”, accusing him of “(lecturing) a room full of Tories about what Scotland needs when his party haven’t come close to winning an election here in almost 70 years”.

“There is one Government that is holding Scotland back – one that has tanked the UK economy, prompted an unprecedented intervention from the Bank of England and imposed a deeply damaging Brexit on Scotland against our will.

“Last week, Douglas Ross urged the SNP to pass on tax cuts for the rich at the expense of the poorest in our communities.

“Now he says ditching the plan is the right thing to do.

“The public simply can’t believe a word that comes out of his mouth, and it seems his own side are now losing confidence in him given the reports of plotting to oust him as Holyrood leader.”



Source link

Tags: DecisionDouglasIncomerateRossTaxTopUturn
Previous Post

Credit Suisse shares pare losses after earlier plunging as much as 10%

Next Post

How To Set Them Up & What To Avoid

Related Posts

Bibi Put Israel’s Partners in an Awkward Position With His Description of the “Hexagon”

Bibi Put Israel’s Partners in an Awkward Position With His Description of the “Hexagon”

by Yves Smith
February 23, 2026
0

Yves right here. Many readers have criticized among the analyses made by Andrew Korybko in earlier posts. I nonetheless proceed...

The End of Artificial Employment

The End of Artificial Employment

by Roman Kireev
February 23, 2026
0

The actual scandal of our time just isn't that synthetic intelligence is changing human labor. The scandal is that a...

Supreme Court tariff ruling boosts China’s leverage before Trump-Xi summit

Supreme Court tariff ruling boosts China’s leverage before Trump-Xi summit

by Anniek Bao
February 23, 2026
0

US President Donald Trump (L) and China's President Xi Jinping shake arms as they arrive for talks on the Gimhae...

Alphabet’s Fastest-Growing Segment Makes the “Magnificent Seven” Stock an AI Leader

Alphabet’s Fastest-Growing Segment Makes the “Magnificent Seven” Stock an AI Leader

by The Motley Fool
February 23, 2026
0

Key FactorsAlphabet has proved the sooner critics incorrect, as it is a clear chief within the AI race.In This autumn,...

Haryana mandates exclusive banking with public sector banks, drops IDFC First and AU Small Finance

Haryana mandates exclusive banking with public sector banks, drops IDFC First and AU Small Finance

by Saloni Shukla and Atmadip Ray
February 22, 2026
0

Mumbai | Kolkata: The Haryana authorities has directed all its departments, boards, firms and state-run entities to take care of...

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

by Reuben Gregg Brewer, The Motley Fool
February 22, 2026
0

When you're in any respect within the pharmaceutical sector, it's possible you'll be overwhelmed by the chance for GLP-1 weight-loss...

Next Post
How To Set Them Up & What To Avoid

How To Set Them Up & What To Avoid

Mike Lindell Could Be Toast As Clarence Thomas And Right Wing SCOTUS Refuse To Save Him

Mike Lindell Could Be Toast As Clarence Thomas And Right Wing SCOTUS Refuse To Save Him

White House taunts Canada after hockey loss — RT World News

White House taunts Canada after hockey loss — RT World News

February 23, 2026
Bitcoin falls to nearly ,000 as 2026 crypto woes continue

Bitcoin falls to nearly $64,000 as 2026 crypto woes continue

February 23, 2026
How to Start Your First Meal

How to Start Your First Meal

February 23, 2026
Vayona Energy secures 702 MW wind turbine order from TPREL

Vayona Energy secures 702 MW wind turbine order from TPREL

February 23, 2026
Uae Visa Overstay: Indian woman held for overstaying UAE visa returns to Kerala after legal intervention | World News

Uae Visa Overstay: Indian woman held for overstaying UAE visa returns to Kerala after legal intervention | World News

February 23, 2026
Valuation discipline key as markets navigate tariff noise: Manishi Raychaudhuri

Valuation discipline key as markets navigate tariff noise: Manishi Raychaudhuri

February 23, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

White House taunts Canada after hockey loss — RT World News

Bitcoin falls to nearly $64,000 as 2026 crypto woes continue

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In