UK to reverse cut to higher rate income tax - BBC

BY Reuters | ECONOMIC | 10/03/22 01:48 AM EDT

LONDON, Oct 3 (Reuters) - The British government is expected to reverse the proposed scrapping of the higher rate of income tax that has sparked a backlash in the governing Conservative Party, the BBC reported on Monday. (Reporting by Kate Holton; editing by Guy Faulconbridge)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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