“I just couldn’t stay in the Conservative party. I’d heard people crying and listened to them panicking."
Philp claimed there was a "strong economic rationale" for scrapping it even after Kwasi Kwarteng said he would keep the tax rate for 600,000 wealthy Britons.
They had hit out at Michael Gove for "stoking a Tory revolt" on the top rate of tax, before the party U-turned on the move over night.
"Thirty five per cent of the additional money we are borrowing is for unfunded tax cuts, cutting taxes for the wealthiest is a display of the wrong values."
The former prime minister wants to get the rich to donate their £150 Council Tax rebates to help those suffering.
The prime minister was corrected by Laura Kuenssberg following a contentious discussion over the rising cost of government borrowing.
An act of 'disgusting vandalism' carried out by an eco-protester in Derbyshire has sparked fury, after she defaced a Captain Tom tribute.
Mick Lynch has apologised for the disruption the strikes have caused, but said "the government has brought this dispute on".
Former chancellor Ken Clarke savages Kwasi Kwarteng's mini-budget as Bank of England governor Andrew Bailey steps in to help stem the financial crisis.
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