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Daily Mirror
Daily Mirror
Politics
Lizzy Buchan & Dave Burke & Dan Bloom

11 nasty details in the small print of 'Robin Hood in reverse' mini-Budget

Budget Kwasi Kwarteng Liz Truss Recession Tax Cuts Tory

Chancellor Kwasi Kwarteng has unveiled a £45billion tax-cutting bonanza in a mini-Budget which offers boosts to big businesses, bankers and the richest Brits.

The pound dived to a fresh 37-year low amid panic in the markets at the eye-watering cost of the plans, funded by £70billion in Government borrowing.

Labour's Rachel Reeves likened Prime Minister Liz Truss and Kwasi Kwarteng to "two desperate gamblers in a casino chasing a losing run".

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