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The Independent UK
The Independent UK
National
Jon Stone

Kwasi Kwarteng expected to announce £30 billion in tax cuts this week

Kwasi Kwarteng Liz Truss Tax Cuts Insurance
Getty

Kwasi Kwarteng is set to announce £30bn in tax cuts in his emergency budget on Friday, according to reports.

The new chancellor, who was appointed by Liz Truss earlier this month, is said to believe the changes will ease the cost of living and boost economic growth.

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