The Latest Breaking News from Kwasi Kwarteng

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

Manchester Evening News · Sep 23, 2022

‘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

The Guardian - UK · Sep 23, 2022

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.

Daily Record · Sep 23, 2022

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

The Guardian - UK · Sep 23, 2022

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

Evening Standard · Sep 23, 2022

‘A budget for the 1%’: government accused of huge tax cut for super-wealthy

Kwasi Kwarteng’s measures benefit the rich at expense of struggling families, say critics

The Guardian - UK · Sep 23, 2022

Martin Lewis brands Tories’ mini-budget announcements ‘staggering’ as he reacts to tax cuts

The Chancellor announced cuts to Income Tax, National Insurance and stamp duty in a series of new measures

Chronicle Live · Sep 23, 2022

Pound sinks in reaction to huge UK stimulus

LONDON: The British pound plunged to a 37-year low and stocks sank after the government delivered the most sweeping tax cuts since 1972, as economists warned that the ambitious plan was unsustainable at a time when inflation is rampant.

Bangkok Post · Sep 23, 2022

Kwasi Kwarteng: Budget in full

Kwasi Kwarteng has unveiled a mini-budget that delivers billions of pound worth of tax cuts - including a surprise move to scrap the 45% top rate of income tax paid by the UK’s wealthiest. The Chancellor announced sweeping moves intended to rev up the economy in the eagerly-awaited “fiscal event”…

Evening Standard · Sep 23, 2022

Kwarteng ‘betting the house’ with tax plans helping only those on above £155k

Institute of Fiscal Studies warned there was no ‘semblance of an effort to make the public finance numbers add up’.

The Independent UK · Sep 23, 2022