Chancellor Kwasi Kwarteng will today promise to “turn the vicious cycle of stagnation into a virtuous cycle of growth” in his mini-budget speech setting out the Government's plans to grow the UK economy.
The Chancellor is set to offer both tax cuts and billions of pounds of increased spending when he speaks in the House of Commons from 9.30am today.
He is set to reveal how the Government will pay for the energy price caps that have been announced for both households and businesses.
