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The Latest Breaking News from Kwasi Kwarteng

Pound hits all-time low against dollar after mini-budget rocks markets

Odds of sterling hitting parity with dollar jump, as analysts say UK bond market ‘getting smoked’ by giveaway

The Guardian - UK

Chancellor hints he's not done cutting taxes yet

Kwasi Kwarteng denies the measures announced last week only help the very rich

Wales Online

Kwasi Kwarteng: Tax changes favour people right across the income scale

Kwasi Kwarteng claimed his tax cuts “favour people right across the income scale” amid accusations they mainly help the rich, and he hinted more are on the way. The Chancellor defended his programme of tax cuts – the biggest for 50 years – which he announced on Friday using more…

Evening Standard

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Watch: Kwasi Kwarteng hints more tax cuts are on the way

Kwasi Kwarteng claimed his tax cuts “favour people right across the income scale” amid accusations they mainly help the rich, and hinted more are on the way.

Evening Standard

Watch: Keir Starmer says Labour would reverse Tories’ 45p rate tax cut

Sir Keir Starmer hit out at the Government’s “wrongheaded” economic policies as he pledged to reverse the income tax cut for people earning more than £150,000. The Labour leader, who said his party now had a belief it would win the next general election, said the mini-budget announcements by Chancellor…

Evening Standard

Britain's Labour pitches itself against tax cuts for the wealthy

Keir Starmer, leader of Britain's Labour Party, on Sunday pledged to reverse the abolition of the top rate of income tax, saying tax cuts for the wealthy wouldn't create economic growth as he made a pitch for power at his party's annual conference.

Reuters

Kwasi Kwarteng mulls more beneficial tax cuts for high earners

Reports chancellor is considering further changes to taxation after mini-budget ‘for the rich’

The Guardian - UK

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Martin Lewis issues update to everyone earning under £50,000 a year

Following UK Chancellor of the Exchequer Kwasi Kwarteng's mini-budget on Friday, MoneySavingExpert founder Martin Lewis has issued a message to everyone earning under £50,000 a year

Edinburgh Live

Kwasi Kwarteng denies plans to relax environmental rules in push for growth

Wildlife groups concerned by apparent plans to loosen protections in 38 ‘investment zones’

The Guardian - UK

Starmer vows to reverse ‘wrongheaded’ top rate tax cut

Labour leader Sir Keir Starmer rejected the Government’s “trickle down” economics approach.

Evening Standard

Mark Drakeford brands mini-budget 'authentically shocking' in scathing criticism

He described it as a 'giant experiment that will leave families worse off long into the future'

Wales Online

Truss’s go-for-broke gamble means Labour inherits economic mess if it wins election

Vote is there to be lost by Labour. How hard can it be to show party would do a better job on economy?

The Guardian - UK

Kwarteng hints at more tax cuts to come as he rules out government borrowing limit

Labour says it would reinstate 45p tax rate

The Independent UK

Kwarteng: UK economy must expect more tax cuts and deregulation

Chancellor says he and Liz Truss want to do what previous Tory governments deemed unthinkable

The Guardian - UK

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news in one place.

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Evening Standard

Starmer vows to defend working people as Kwarteng insists tax cut plan benefits all

Sir Keir was questioned over his long-term plan for the country while the Chancellor was grilled over the huge drop in the pound following his tax cut plan

The Independent UK

Keir Starmer calls trickle-down economics a ‘piss take’ as he slams Tory tax cuts

Labour has announced plans to end dependence on fossil fuels by 2030

The Independent UK

Starmer vows to reverse ‘wrongheaded’ cut to income tax for rich

Labour leader Sir Keir Starmer rejected the Government’s “trickle down” economics approach.

The Guardian - UK

Why the ‘Barber boom’ that Kwasi Kwarteng’s mini-budget recalls was destined for disaster

A reckless dash for growth is nothing new. Ted Heath’s chancellor Anthony Barber tried one in 1971, but it didn’t turn out well

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The Guardian - UK

Forget trickle down, what the UK needs is middle-out economics

Liz Truss is banking on a failed policy. The focus should be on the real driving force behind economic growth

The Guardian - UK

Liz Truss and her team are taking us for a ride

From fracking happy Jacob Rees-Mogg to Nadhim Zahawi and his warm horses, the Tory top table is beyond parody

The Independent UK

Labour Party conference 2022 – live: ‘Tory sleaze festering’ under Truss, says Rayner

Keir Starmer’s party would ‘clean up public life and restore the basic standards we expect’, deputy says

Evening Standard

Liz Truss kissing goodbye to Red Wall with tax cuts, MPs fear

The £35billion package included the abolition of the top rate of income tax, a cut in the basic rate, a reduction in stamp duty, the cancellation of the National Insurance increase and the scrapping of the rise in corporation tax from 19pc to 25pc

Daily Mirror

Keir Starmer blasts 'p***take' Budget as Andy Burnham calls it 'vandalism on UK'

Labour's leader said plans to save the richest £10k a year each are 'not trickle down, it's taking the p***' - as Liz Truss plots a wave of new tax cuts in the new year

Evening Standard

Keir Starmer accuses Tories of ‘taking the p**s’ with tax cut plan

Labour leader Sir Keir Starmer condemned the policies laid out in Kwasi Kwarteng’s mini-budget

Liverpool Echo

Labour Leader Sir Keir Starmer's promise to give hope to struggling families

The Labour Leader set out his plans to reverse Tory policies in an exclusive interview

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