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The Guardian - UK
The Guardian - UK
Politics
Michael Savage Policy Editor

Kwarteng accused of bid to avoid scrutiny of £30bn tax cut package

Kwarteng at cabinet meeting.
Kwarteng, centre, has not asked the Office for Budge Responsibility to produce an analysis of his mini-budget, expected on Friday. Photograph: Andrew Parsons/No10 Downing Street

Kwasi Kwarteng is paving the way to delay his first full budget until next year, amid growing concerns that he is avoiding scrutiny of a huge programme of tax cuts likely to break the government’s existing fiscal rules.

The chancellor will unveil his plans for £30bn in tax cuts and more details of the energy price cap announced by Liz Truss as part of a “mini-budget” on Friday. It is likely to frame the political debate for some time. However, he is preparing to overhaul existing fiscal rules in the months ahead to ensure the programme can satisfy them.

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