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Nottingham Post
Nottingham Post
National
Ryan Merrifield & Jamie Barlow

Martin Lewis 'staggered' and 'worried' by Chancellor's mini-budget

Consumer expert Martin Lewis described Chancellor Kwasi Kwarteng's mini-budget as 'staggering'. And says he's fearful if it doesn't work out as planned.

The founder of Money Saving Expert tweeted: "That really was quite a staggering statement from a Conservative Party government," reports the Mirror. "Huge new borrowing at the same time as cutting taxes.

"It's all aimed at growing the economy. I really hope it works. I really worry what happens if it doesn't." Mr Kwarteng is to abolish the top rate of income tax for the highest earners and will spend tens of billions of pounds in a "gamble" to drive up growth during a cost-of-living crisis.

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