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The Latest Breaking News from Kwasi Kwarteng

Time is against Liz Truss as she bets big on plan to turn economy around

With an election two years away, failure could shred the Tories’ economic credibility

The Guardian - UK

Mini-budget 2022: What a stamp duty cut means for NI's property market and first-time-buyers

The move is designed to help first-time buyers get on the property ladder

Belfast Live

'An opportunity missed': North East foodbanks react to Government's 'disappointing' mini-Budget

Chancellor Kwasi Kwarteng's mini-Budget announcement included a lift on the cap on bankers' bonuses and an axe of the planned rise to corporation tax

Chronicle Live

From analysis to the latest developments in health,
read the most diverse news in one place.

Tax change calculator: See how your wage will be affected by the mini-budget

Millions of households are set to benefit from the tax cuts

Manchester Evening News

‘Tourists want to spend’: shoppers in London share views on the mini-budget

High-end shopping districts could benefit from duty-free shopping and the scrapping of the 45% tax band

The Guardian - UK

Kwarteng accused of reckless mini-budget for the rich as pound plummets

Strategy of sweeping tax cuts gets hostile reception from markets and economic thinktanks, leaving some Tory MPs aghast

The Guardian - UK

Fish and chip shop owners 'let down' by Mini-Budget as they take battering amid crisis

Andrew Crook, president of the National Federation of Fish Friers, said the new Mini-Budget announced by the government today helps 'bankers, not bakers and financiers, not fish friers'

Daily Mirror

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Estate agents and property experts respond to stamp duty cuts

"We can now expect the stamp duty spurred stampede of buyer activity seen during the pandemic to return"

Bristol Post

Mini budget: Martin Lewis explains how much better off people on low income will be

Martin Lewis issued an important update to anyone who pays National Insurance and those on low incomes after Chancellor of the Exchequer Kwasi Kwarteng announced the mini-budget.

Edinburgh Live

The Guardian view on the Tory trickle up policies: redistributing to the rich

Editorial: Kwasi Kwarteng thinks Britain needs to give millionaires huge handouts and concrete over the country. He’s wrong

The Guardian - UK

Families abandon three food types as cost of living soars

Rising food and energy costs are changing the way families are cooking and eating

Liverpool Echo

Friday headlines: Scots charity paedo convicted and who the Mini Budget benefits

Here are the main headlines on the Daily Record website today.

Daily Record

Devastating graph shows poorest in UK get NOTHING from Tory tax cut plans as rich get richer

How much will the worst-off get from Kwasi Kwarteng mini-budget tax cut plans?

The National (Scotland)

Liz Truss and Kwasi Kwarteng have made a declaration of class war

This unofficial budget is morally indefensible, economically reckless and so risky it suggests a political death wish, says Guardian columnist Jonathan Freedland

The Guardian - UK

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Evening Standard

Former Conservative cabinet minister condemns tax cut for the rich as ‘wrong’

A former Conservative cabinet minister has called the government’s mini budget announcing tax cuts for the rich “wrong”.

The Guardian - UK

Half of Kwarteng’s cuts to personal tax will go to richest 5%, say experts

Thinktank says someone earning £1m will gain £40,000 as top rate, basic rate and national insurance reduced

Manchester Evening News

Kwasi Kwarteng vows to speed up Northern Powerhouse Rail and a host of Manchester road and rail schemes

Chancellor's promise to cut red tape could mean work starts on big infrastructure projects by next year

The Guardian - UK

‘It’s bittersweet’: what home-buyers think of chancellor’s stamp duty cut

Property-hunters on how permanent reduction for purchases in England and Northern Ireland will affect them

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news in one place.

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Daily Record

The big gamble on tax cuts for the rich that could railroad the economy off the tracks

The Daily Record's Westminster Editor Torcuil Crichton analyses The scale and the brashness of the Tory tax-cutting budget is staggering and Scotland will not be protected from global forces that could be unleashed by massive Treasury borrowing.

Evening Standard

The Leader podcast: UK Government’s mini-budget explained

Will it cut inflation and boost the economy?

The Conversation

Mini budget: will Kwasi Kwarteng's plan deliver growth?

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

The Guardian - UK

Tory backbenchers despair at ‘toxic’ mini-budget

Divisions of leadership contest return to the fore as some MPs criticise extra borrowing to pay for tax cuts

Daily Mirror

All the ways mini-Budget hands thousands to the rich - and pennies to the poor

This is a Budget for the rich - with £1m earners getting £55,000 while £25k earners get £283. We take you through all the ways the Income Tax, National Insurance, Stamp Duty and other tax cuts help the better-off

The Guardian - UK

Banks among biggest beneficiaries of Kwarteng’s mini-budget

From scrapping the cap on bonuses to slashing red tape, the chancellor unveils a raft of policies he says will boost economic growth

Evening Standard

Talking Point: What did you think of today’s mini-budget announcement?

Kwasi Kwarteng said this is “the beginning of a new era” as he unveiled a historic mini-budget

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