The stamp duty cut announced by the Chancellor of the Exchequer in Friday's mini-budget is "embedding unfairness" for lower income households, a Welsh minister has said.
Kwasi Kwarteng today confirmed a cut to stamp duty, the tax paid when people buy a property in England and Northern Ireland. The threshold at which the tax falls due has been raised to £250,000 from its current £125,000 level. Meanwhile the threshold for first-time buyers has been increased from £300,000 to £425,000.
Follow live updates as the new Chancellor reveals his mini-budget here.
