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Hello and welcome to Coffee House Shots,

Spectators Daily, and sometimes perhaps today more than daily politics podcast.

I'm Katie Balls, and I'm joined by Fraser Nelson and Joseph Syve,

and we have just had a new term. The government has announced that it no longer plans to abolish the 45p rate of tax for the highest earners.

Explaining the decision this morning on the today program, here's what quasi-quartan had to say.

I felt that the 45p rate was a huge distraction on what was a very strong set of measures.

The energy intervention, for example, has essentially meant that the average household bill for energy will be 2,500 pounds,

as opposed to 6,500, and as some analysts were saying.

And that was a timely and well-appreciated intervention.

Now Fraser, we began to get a hint of this last night.

The sungear and this harried cold tweeted that this was coming,

and it seems as though Liz Truss met with her chance there after concluding,

yesterday afternoon, that the position was not going to hold.

The parlor agreed that it had to go.

How humiliating is this for this trust?

It's incredibly humiliating for her all the more,

because this is how she chose to start her interview with Loraconsburg on the BBC yesterday.

Are you absolutely committed to abolishing the 45p tax rate for the wealthiest people in the country?

...