Tax cuts and a huge shake-up to stamp duty were just some of the measures announced by Kwasi Kwarteng in his Mini-Budget this morning.
The new Chancellor has announced the biggest tax cuts in some 50 years - but it will be funded by a sharp rise in borrowing.
In what has been described as “probably the most pro-business budget this century” by analysts, Mr Kwarteng vowed to start a “virtuous cycle of growth” with the aim of kick-starting the economy.
