Get all your news in one place.
100's of premium titles.
One app.
Start reading
The National (Scotland)
The National (Scotland)
National
Hamish Morrison

Tory tax cuts for wealthy will drive 'broke, broken Britain' into 'economic chaos', critics warn

Chancellor Kwasi Kwarteng, left, is a 'reverse Robin Hood', the SNP's Alison Thewliss has said

THE Tories’ emergency mini-budget has been branded a recipe for “economic chaos” as the country faces the likely recession amid warnings there will be further and “inevitable public sector cuts”.

Chancellor Kwasi Kwarteng announced his much-trailed economic plans in the Commons on Friday, including measures to cut income tax for the wealthy, end the cap on bankers’ bonuses and further restrict the activities of trade unions.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.