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Daily Mirror
Daily Mirror
National
Antony Thrower

How homes in South will gain THREE TIMES as much as those in North from tax cuts

The Chancellor has been accused of delivering a mini-Budget designed to help only households in the South of England, where households are set to gain three times as much compared to the North.

Yesterday Kwasi Kwarteng promised £45billion of tax cuts which slashed Stamp Duty, cut Income Tax to 19p and abolished the 45p rate of Income Tax paid by around 660,000 of the richest people in Britain.

However analysis by think tank the Resolution Foundation suggests households in London and the South East will see over three-times (around £1,600) the gains of those living in the North East, Wales or and Yorkshire (around £500).

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