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The Latest Breaking News from Kwasi Kwarteng

From stamp duty to defence spending: what will Kwarteng’s mini-budget do?

Tax cuts and more borrowing are likely to feature on Friday as the chancellor gambles on growth

The Guardian - UK

Stamp duty, energy bills and National Insurance - Everything we know so far about Friday's mini-budget

Liz Truss and Kwasi Kwarteng address the House of Commons on Friday morning

Manchester Evening News

Boy, 3, delivers hard-hitting plea to No10 as millions face 'impossible winter'

Mum Merve Kalgidim, 33, and son Kingsley, three, today presented a series of petitions with more than 400,000 signatures to Downing Street demanding urgent action to address the cost of living crisis.

Daily Mirror

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Self-employed workers are turning to Labour over the Tories, poll finds

A poll of self-employed Brits has found more now back Labour than the Conservatives - a reversal of how things were in the 2019 general election

Daily Mirror

National Insurance hike to be reversed, chancellor confirms

The increase, which came into effect in April, will be reversed in November

Manchester Evening News

London councils call for emergency funding boost to deal with cost of living crisis

Boroughs warn of potential £700m shortfall without funding uplift ahead of ‘mini budget’

Evening Standard

National Insurance cut to take effect November 6, announces Government

Kwasi Kwarteng's mini-budget will reverse the 1.25-point hike which took place in April under the last Conservative regime - with changes coming into play sooner than anticipated

Chronicle Live

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National insurance hike to be cancelled from November 6 says Kwarteng

The Chancellor said reversing the tax rise imposed by Boris Johnson’s government will boost growth.

The Independent UK

National Insurance calculator: See how much you'll save after 1.25% tax hike is reversed

National Insurance contributions had increased from 12% to 13.25% in April after a 1.25 percentage point rise was introduced to pay for health and social care - this will be reversed from November

Daily Mirror

Chancellor confirms National Insurance rise will be scrapped ahead of mini-budget

A 1.25 hike in National Insurance will be reversed from November 6, Chancellor Kwasi Kwarteng has confirmed.

The National (Scotland)

National Insurance cut to take effect later this year, Tory Government announces

A 1.25 per cent increase in national insurance was announced by former Chancellor Rishi Sunak to help fund health and social care across the country.

Daily Record

Date the National Insurance cut will take effect revealed by Chancellor Kwasi Kwarteng

Kwasi Kwarteng said the plan to reverse the rise in national insurance was a “tax cut for workers”

Wales Online

Kwarteng announces tax cut worth thousands to rich and nothing to poorest

Expected reversal of Rishi Sunak’s National Insurance hike brought forward to November

The Independent UK

National Insurance rise to be reversed from November, Chancellor announces

Kwasi Kwarteng says the tax cut will help 28m people in the UK keep an extra £330 a year

Evening Standard

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Daily Mirror

National Insurance cut will take effect on November 6, government announces

Kwasi Kwarteng's mini-Budget will pledge to reverse the 1.25-point hike in National Insurance that took place in April under the last Tory regime - and it's happening a little earlier than expected

Al Jazeera

Who is Kwasi Kwarteng, the UK’s first Black chancellor?

And how does he plan to save the UK’s imperilled economy?

Chronicle Live

DWP Universal Credit claimants could have their benefits cut - even if they have a job

Under plans expected to be announced on Friday, people will risk having their benefits sanctioned if they fail to take active steps to boost their earnings

Chronicle Live

Homeowners issued mortgage bill warning as stamp duty to be cut in UK

Stamp duty could be cut as part of Chancellor Kwasi Kwarteng's mini-budget on Friday but the move could lead to first-time buyers being priced out

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Birmingham Post

The mini Budget: Businesses tell us what they want to happen on rates, VAT and NI

The Chancellor is said to be considering cuts to National Insurance, Corporation Tax and Income Tax - businesses tell us what they want to see in the mini Budget

The National (Scotland)

'Despicable and needless:' Scottish Greens slam Tory plans to cut benefits

THE Scottish Greens have said that reported cuts to the benefits of part time workers would be “a despicable and needless act of cruelty”.

Birmingham Post

'Decisive action, clarity and simplification' or 'smoke and mirrors': North West business leaders share views ahead of mini-Budget

Leaders from across the region have had their say

Evening Standard

What’s the story, diverse Tories?

For the first time in history, not one of our four leading ministers of state is a white man. Jason Okundaye looks at how this happened and whether it’s just political gameplay

Evening Standard

Chancellor Kwasi Kwarteng to deliver biggest tax cuts since Nigel Lawson’s Budget 34 years ago, says IFS

The Institute for Fiscal Studies also warned the Government’s dash for growth may not deliver on anything like the scale hoped for

The Guardian - UK

When Trussonomics arrives, the big winner may well turn out to be Labour

The PM’s assault on economic orthodoxy is a leap in the dark with every prospect of backfiring spectacularly, says Guardian economics editor Larry Elliott

Daily Mirror

DWP Universal Credit crackdown will sanction more Brits - even if they have a job

Labour branded it 'staggering' that the Tories are threatening the low paid in Kwasi Kwarteng's mini-Budget - at the same time as plotting a boost to bankers' bonuses

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