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The Latest Breaking News from Tax Cuts

Scottish and Welsh leaders say tax cuts for rich are ‘moral bankruptcy’

Nicola Sturgeon and Mark Drakeford criticise UK government over mini-budget that ‘embeds unfairness’

The Guardian - UK

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

Pound falls below $1.09 for first time since 1985 following mini-budget

Sell-off as investors take fright at prospect of surge in government borrowing to cover huge tax cuts

The Guardian - UK

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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

Pound plummets as Kwasi Kwarteng sets out biggest raft of tax cuts for 50 years

The Chancellor abolished the top rate of income tax for the highest earners.

The Independent UK

How will mini-budget announcements affect UK households?

The Government has unveiled a raft of tax cuts as part of plans to drive up growth during the cost-of-living crisis.

The Independent UK

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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.

Al Jazeera

What do Tory tax cuts for mean for Scotland as gap in rates becomes a gulf?

SCOTLAND’S acting Finance Secretary has said Tory handouts for the super-rich will threaten the SNP’s ambitions for a fairer country and…

The National (Scotland)

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

Tax cuts are 'central' to the plan

Nottingham Post

Kwasi Kwarteng announces ‘investment zones’ with huge tax cuts for businesses

Plans set out in chancellor’s mini-budget include abolishing stamp duty and sweeping aside planning rules

The Guardian - UK

Business and home movers in Northern Ireland buoyed by mini-budget but calls intensify for Stormont return

Tax cuts offer some support but resumption of devolved leadership needed to protect economy from current headwinds

Birmingham Post

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

'Absolute disgrace': Martin Compston slams Tory tax cuts for the super-wealthy

MARTIN Compston has ripped into the Tories’ mini-Budget which hands huge tax cuts to the super-rich and praised the Scottish Government’s higher…

The National (Scotland)

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Wales Online

How much people on different income levels will save from all of Kwasi Kwarteng's tax cuts

Someone on £20,000 a year will get an extra £167.18 a year. A person on £200,000 will save over £5,000 a year in tax.

The Independent UK

Kwarteng package has ‘biggest tax cuts since 1972’, says leading economist

‘It is half a century since we have seen tax cuts announced on this scale,’ according to Paul Johnson, director of the IFS .

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.

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news in one place.

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Daily Mirror

Mini-Budget winners and losers - from fat cat bankers to Universal Credit claimants

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with tax cuts, a shake up of stamp duty and the removal of a cap for bankers' bonuses all confirmed

Evening Standard

Emily Sheffield: This non-budget Budget is just as risky for Keir Starmer as Liz Truss

Today is a big day for the Truss government. And this weekend is just as important for Labour as it sets out its stall at the party conference in Liverpool. It’s not difficult to summarise how the critique of the new Tory leader will go: same old Tories. One rule…

The Independent UK

Britain’s rich to enjoy lion’s share of £45bn tax cuts announced by Kwasi Kwarteng

Government accused of helping those who are ‘already wealthy’ with ‘Robin Hood in reverse’ mini-Budget

Evening Standard

Chancellor Kwasi Kwarteng’s mini-budget slammed by Labour as ‘plan to reward the wealthy’

Shadow Chancellor Rachel Reeves called the Prime Minister and Chancellor were “two desperate gamblers in a casino”

The National (Scotland)

Tory tax cuts for wealthy will drive 'broke, broken Britain' into 'economic chaos', critics warn

THE Tories’ emergency mini-budget has been branded a recipe for “economic chaos” as the country faces the likely recession amid warnings there…

The Independent UK

Martin Lewis brands tax cuts and borrowing in mini-Budget ‘staggering’

Money saving expert issues verdict on Kwasi Kwarteng’s plan for economy

The Guardian - UK

Does Kwasi Kwarteng’s mini-budget offer any solutions to Britain’s crises? Our panel decides

The chancellor has delivered swingeing tax cuts and an end to the cap on bankers’ bonuses

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