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Daily Record
Daily Record
Politics
Torcuil Crichton

Emergency mini-budget to be delivered next week as tax-cutting plan to be unveiled

Tory chancellor Kwasi Kwarteng will deliver his emergency mini-budget to bring in tax cuts and winter fuel relief for millions of people a week on Friday, after the Queen’s funeral.

The chancellor is expected to unveil further details of the energy price cap that was announced last week by Truss just as news of the Queen’s demise broke.

Kwarteng is also expected to focus on tax cuts, including reversing April’s increase in national insurance which Truss made the centrepiece of her campaign for the Tory leadership.

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