The UK is heading for the biggest era of borrowing and tax cuts since the 1980s after Tory Chancellor Kwasi Kwarteng slashed corporate and personal tax rates for the very rich.
In a drastic, right-wing strategy to get the economy moving, the chancellor announced he would bring in a estimated £45 billion of tax cuts, mostly funded by borrowing.
Some of the staggering measures, like a reduction in income tax rates and in stamp duty paid on house sales, do not affect Scots directly because these are set separately in Holyrood.
