The Latest Breaking News from Kwasi Kwarteng

Liz Truss hits out after critics slam tax cuts as 'for the rich' and pound plummets to 37-year low

Labour has described the Government's plans as 'casino economics'

Manchester Evening News · Sep 24, 2022

Revealed: the budget bonanza for UK’s best-paid bosses from Tory tax cut

Scrapping top rate of tax could save hundreds of thousands for some of the highest earners, analysis reveals

The Guardian - UK · Sep 24, 2022

Red wall seats are being put at risk by ‘cavalier’ tax cuts, Liz Truss warned

Tories are nervous of the ‘song and dance’ about doing more for high earners and the shift away from levelling-up

The Guardian - UK · Sep 24, 2022

Martin Lewis shares some good news for Brits who earn less than £50,000 a year

As the basic rate tax threshold has dropped to 19 per cent from 20 per cent, the cut to income tax impacts those earning between £12,571 and £50,270

Daily Mirror · Sep 24, 2022

This dash for growth represents the death of green Toryism

Boris Johnson was far more eco-conscious than recent Conservative predecessors. But this mini-budget is a reversion to type

The Guardian - UK · Sep 24, 2022

‘It’s extraordinary’: Liz Truss’s low-tax gamble has yet to convince Tory MPs

Colleagues ask if the new PM and chancellor Kwasi Kwarteng’s experiment is ‘a stroke of genius – or will blow up the economy’

The Guardian - UK · Sep 24, 2022

Mini-budget benefits London and south-east England, study shows

Analysis by Resolution Foundation shows 95% of UK population will be worse off after chancellor’s actions

The Guardian - UK · Sep 24, 2022

Martin Lewis has good news for anyone earning less than £50,000 a year

The Money Saving Expert says "the gain is really on the income between £12,570 and £50,000"

Manchester Evening News · Sep 24, 2022

Tory MPs hit out after Treasury minister describes criticism of tax cut as ‘politics of envy’

Mr Kwarteng was accused of betting on trickle-down economics

The Independent UK · Sep 24, 2022

Scottish Tories face more disarray as tax cut row looms

DIVISIONS among Conservatives first brought to the fore by the Tory leadership contest have resurfaced as a result of the major tax cuts in Kwasi…

The National (Scotland) · Sep 24, 2022