KWASI Kwarteng has admitted today his mini budget "hit a little turbulence", but now is the time to move on and grow the economy.
Delivering his keynote speech at Tory conference in Birmingham this afternoon, the Chancellor said: "What a day."
He added: It has been tough, but we need to focus on the job at hand.
"No more distractions, we have a plan. We need to get on and deliver it. That's what the public expect from the government."
Mr Kwarteng said he refuses to accept that it's Britain's destiny to "fall back into middle status".
An he said he will not accept that the tax burden reaching a 77 year high is somehow inevitable - "It isn't. And it shouldn't be".
Liz Truss sent shockwaves through Tory party conference today after she ditched scrapping the 45p tax rate in a humiliating climb down.
Chancellor Kwasi Kwarteng confirmed the dramatic U-turn in a tweet at 7.30am this morning.
The markets reacted positively to the announcement with pound rising against the dollar.
Mr Kwarteng wrote: "We get it, and we have listened."
The Sun last night exclusively revealed the PM and Chancellor were planning to ditch the tax - with Mr Kwarteng this morning telling the BBC: "What was clear, talking to MPs, voters, constituents, that the 45p rate was becoming a huge distraction on a very strong plan."
The Chancellor is only ditching the abolition of the 45p tax rate and vowed to press on with the other aspects of his mini budget bonanza.
