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The Guardian - UK
The Guardian - UK
National
Rupert Neate Wealth correspondent

‘A budget for the 1%’: government accused of huge tax cut for super-wealthy

The government stands accused of introducing a “simply staggering, huge tax cut for richer households” that will leave “the super-wealthy laughing all the way to the actual bank”, while allowing hundreds of thousands of already-struggling families to fall deeper into poverty.

On Friday, Kwasi Kwarteng, the chancellor, announced a string of tax giveaways and other measures that economists and campaigners claim will hugely benefit the super-rich at the expense of hardworking people.

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