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The Latest Breaking News from Kwasi Kwarteng

‘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

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

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

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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

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)

Government dismisses criticism of tax cuts as ‘politics of envy’

It comes as Chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years

Manchester Evening News

How homes in South will gain THREE TIMES as much as those in North from tax cuts

Chancellor Kwasi Kwarteng yesterday unveiled his mini-Budget which included tax cuts on Stamp Duty, which experts believe will only benefit those living in the South of Britain

Daily Mirror

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Government says tax cuts flack is 'politics of envy'

Labour accused PM Liz Truss and Chancellor Kwasi Kwarteng of dabbling in 'casino economics'

Wales Online

Here's why the pound has dropped and what it means for you

THE pound had its worst day since the early days of the pandemic on Friday after the Chancellor announced his mini-budget.

The National (Scotland)

Have your say on paying higher taxes in Scotland than England

FOLLOWING Chancellor Kwasi Kwarteng’s announcement of the biggest tax cuts in decades for people in England, Scottish Tories are calling on the…

The National (Scotland)

Tories gambling with the finances of British people, says Starmer

Labour leader attacks ‘casino economics’ in wake of £45bn package of tax cuts announced by chancellor

The Guardian - UK

'Nowhere will be safe': RSPB in scathing warning over Tory 'attack on nature'

“NOWHERE will be safe” if the Government goes ahead with plans for investment zones across the UK, a leading charity has warned.

The National (Scotland)

Kwarteng’s tax-cutting programme ‘not a gamble, it’s a necessity’, says minister

“They want better standards of living, they want to see money invested in public services, they want to see investment, they want to see their children having a better future than they do,” Mr Philp said

Evening Standard

Tax cut will not ‘suddenly unlock growth’, CBI boss warns chancellor

Tony Danker says Friday’s announcement failed to provide a broad-based plan

The Independent UK

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The National (Scotland)

Douglas Ross slated as he calls on Nicola Sturgeon to replicate Tory tax cuts

SCOTTISH Conservative leader Douglas Ross has been slated for demanding that Holyrood replicates the tax cuts announced by the UK Government on…

The Independent UK

Nationalised energy company could save households £4,400 in two years, analysis finds

Taxpayers missing out on up to £122bn of direct income as a result of privatised energy supply, TUC finds

The National (Scotland)

'Richest 5 per cent to get richer while 95 per cent get poorer' under Tory plans

THE Tory government's huge package of personal tax cuts amid the cost-of-living crisis will do nothing to stop more than two million people falling…

Daily Record

General election must be called so public pass their verdict on this bunch of charlatans

Record View says voters are anxiously wondering how they can pay the bills, with rampant inflation, rising interest rates and sky high energy costs draining their finances.

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Wales Online

Kwasi Kwarteng insists vast tax cuts ‘not a gamble’ amid hostile reception

Chancellor refutes Institute of Fiscal Studies claim that he is 'betting the house' by putting Government debt on an 'unsustainable rising path'

Daily Mirror

Martin Lewis gives good news for workers earning under £50,000 in new video

The Money Saving Expert founder explained the latest Stamp Duty and Income Tax changes that were brought in by Chancellor Kwasi Kwarteng's 'new growth plan' on Friday

Irish Mirror

Irish shoppers could save hundreds on big ticket items after UK VAT-free decision

Irish people would save €250 if they bought an iPhone in England rather than at home

The Guardian - UK

Plunge in sterling leaves drivers paying £6 more for tank of petrol, says AA

While oil prices are back to pre-Ukraine war levels, a weaker pound results in higher costs for motorists

Chronicle Live

DWP benefit rule change could see 120,000 at risk of Universal Credit cuts

Some people face having their benefits slashed if they don't work a certain amount of hours at the National Living Wage.

Evening Standard

Chancellor says mini budget ‘is not a gamble’ as pound plunges

Kwarteng defends massive tax cuts and borrowing as spooked markets leave pound at new 37 year low

Chronicle Live

'Reckless and irresponsible' – North East Labour MPs' tax cut fury after mini-budget 'for the rich'

Chancellor Kwasi Kwarteng announced a huge set of measures on Friday, including abolishing the top rate of income tax for high earners, which will be funded by more than £70bn of borrowing

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