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BUSINESS LIVE: Planned 45p tax rate abolition scrapped

BUSINESS LIVE: U-turn as the 45p tax rate cut is scrapped; Tortilla warns of rising protein costs; Hipgnosis reveals debt financing

The UK Government has announced it will scrap the planned abolition of the 45p tax rate. Among the companies reporting today are Tortilla Mexican Grill and Hipgnosis Songs Fund. Read the Monday 03 October Business Live blog below.