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The Latest Breaking News from Liz Truss

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

Daily Mirror

Social mobility tsar casts doubt over grammar school revival in England

Katharine Birbalsingh says disadvantaged pupils with few resources struggle to win places

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

The Guardian - UK

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Chancellor’s economic plans will reward ‘already wealthy’, warns Rachel Reeves

Liz Truss and Kwasi Kwarteng are two “desperate gamblers chasing a losing run” with an economic plan rewarding the “already wealthy”, according to shadow chancellor Rachel Reeves. The Labour frontbencher took aim at the Prime Minister and Chancellor as she warned the Government has served up a “menu without prices”,…

Evening Standard

11 nasty details in the small print of 'Robin Hood in reverse' mini-Budget

Tax cuts for the rich, no limits on bankers bonuses and tougher benefit sanctions - funded by a £70billion Government borrowing spree. We've trawled through the documents to find all the unfortunate details in Kwasi Kwarteng's mini-Budget

Daily Mirror

Local Conservative MPs back mini-budget tax cut plans despite fierce criticism

Tory MPs from across Greater Manchester have backed the plans that hope to deliver economic growth.

Manchester Evening News

Bin strikes in Scotland called off after GMB union agrees pay deal for council workers

EXCLUSIVE: The GMB union has revealed its members gave a thumbs-up to the offer after a ballot.

Daily Record

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This ‘mini-budget’ is a naked exercise in redistributing wealth upwards

Kwarteng’s borrowing spree will have ugly economic consequences, says Michael Jacobs of Sheffield University

The Guardian - UK

Trussonomics: Chancellor’s budget marks sharp break in economic policy

The Prime Minister sat nodding approvingly behind Kwasi Kwarteng as the Chancellor announced a multi-billion pound package of tax cuts.

The Independent UK

‘Right place at the right time’: freeports model gives fillip to St Helens regeneration scheme

Parkside project conceived almost a decade ago is among hundreds poised to benefit from tax cuts and other incentives

The Guardian - UK

Onshore wind farm ban scrapped in mini-Budget OLD REDIRECTED

Campaigners welcome move – but condemn fossil fuel push and plan to weaken environmental protections

The Independent UK

Liz Truss and Kwasi Kwarteng's big gamble could railroad the economy off the tracks

The Daily Record's Westminster Editor Torcuil Crichton analyses Kwasi Kwarteng's mini budget that helps the wealthiest in society.

Daily Record

Children ‘facing hungry Christmas’ after Kwarteng ‘prioritised bankers’ in mini-Budget, charities warn

Kwasi Kwarteng and Liz Truss accused of ‘prioritising bankers’ bonuses’ over hardest-hit families

The Independent UK

‘Helping the rich’: mini-budget brings fear and anger to PM’s home patch

Residents in the Leeds suburb of Roundhay, where Liz Truss went to school, express their views

The Guardian - UK

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Evening Standard

Analysis: Chancellor’s mini-budget presents Sir Keir Starmer with dilemma as UK returns to Thatcherite free market economics

The new Chancellor buried the legacy of Boris Johnson’s big spending, higher tax agenda

Al Jazeera

UK mini-budget shakes the stock market, benefits the wealthy

The new finance minister’s tax cuts send the British pound to a 37-year low.

The Guardian - UK

If you are poor, it’s time to ask yourself: have you thought of simply being rich?

Kwasi Kwarteng’s tax-slashing mini-budget is the latest masterstroke in Liz Truss’s quest ‘to be unpopular’, says Guardian columnist Marina Hyde

Nottingham Post

Martin Lewis 'staggered' and 'worried' by Chancellor's mini-budget

Tax cuts are 'central' to the plan

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Wales Online

The cost of the 10 most expensive household appliances based on Liz Truss’ energy cap

Homeowners will have to fork out over £70 to run their fridge freezer if bills reach the prime minister’s energy cap

The Independent UK

New budget will ’embed unfairness’ across the UK, says Welsh finance minister

One charity has called Chancellor Kwasi Kwarteng’s plans to cut taxes for the wealthy ‘grotesque’.

Chronicle Live

How the mini-budget affects you - including benefits, tax cuts and stamp duty

The Chancellor announced a series of tax cuts as the cost of living crisis rages on, but the measures drew criticism from Labour as benefitting the richest

Chronicle Live

"Wrong kind of shale": North East geologist reacts after Government lifts UK fracking ban

Liz Truss's Government lifted the fracking ban on Thursday morning - breaking a promise of the 2019 Tory manifesto

The Independent UK

Who is Kwasi Kwarteng? New chancellor behind sweeping tax cuts

Longtime ally of prime minister Liz Truss has unveiled his mini-budget

Daily Record

How much tax do you pay in Scotland after Kwasi Kwarteng unveils mini budget

Income tax levels could soon vary substantially in Scotland and England after the UK Government announced plans to help the richest.

The Independent UK

Everything you need to know about Kwasi Kwarteng’s stamp duty cut

Chancellor Kwasi Kwarteng unveils new adminstration’s tax-slashing agenda

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Katharine Birbalsingh

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