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The Latest Breaking News from Kwasi Kwarteng

The key points of the mini Budget, U-turns and what's been scrapped

A series of U turns have been made on the widely slammed mini Budget unveiled by Kwasi Kwarteng in September.

Birmingham Post

How the mini budget will affect you living in Wales

Kwasi Kwarteng's spending plans will put money back in most people's pockets - but particularly the wealthy

Wales Online

At a glance: Key points from Kwasi Kwarteng’s mini-budget

The Government wants a new approach to growth, Mr Kwarteng said, with the aim, over the medium term, to reach a trend rate of growth of 2.5%

Evening Standard

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DWP Universal Credit claimants to have benefits cut even if in work under new rules

Universal Credit claimants who are in part-time work risk having their benefits cut if they do not seek further employment as part of a new crackdown announced by Kwasi Kwarteng

Edinburgh Live

City Comment: Tax giveaways at odds with wider sentiment

Some warm words today from our new chancellor. Kwasi Kwarteng wants to “turn the vicious cycle of stagnation into a virtuous cycle of growth”, something he believes can be achieved by a bunch of supposedly City-pleasing tax cuts.

Evening Standard

Recession-bound UK fights inflation with tax cuts

London (AFP) - The UK's new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by the highest inflation in decades, cutting taxes as the nation heads for recession.

AFP

Liz Truss 'robbing the poor' in tax-cutting budget for wealthy funded by massive borrowing

Opposition parties were left slack jawed by the audacity of Kwasi Kwarteng's unashamed move to cut taxes for the wealthy and big businesses under the cover of encouraging growth.

Daily Record

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What the government's mini-budget means for you

The government has introduced a wide range of new economic policies which will affect your personal finances

Manchester Evening News

Stamp Duty slashed in Mini-Budget - what that will mean for you

Kwasi Kwarteng also said the stamp duty threshold for first-time buyers would be increased from £300,000 to £425,000

Wales Online

Mini-Budget 2022 summary: £45bn tax cut announcements at a glance and how they hit you

Stamp Duty, Income Tax, the bankers' bonus cap, and tax on the very richest 660,000 Brits have all been slashed in a tax-cutting mini-Budget that was 'mini' in name only

Daily Mirror

At a glance: Key points from Kwasi Kwarteng’s statement on the economy

The Government wants a new approach to growth, Mr Kwarteng said, with the aim, over the medium term, to reach a trend rate of growth of 2.5%.

The Independent UK

Chilling warning from respected economist about Liz Truss's borrowing binge to pay for her tax cuts

He fears a 1970s-level financial crisis

Wales Online

Tories ARE the cost of living crisis, Kwasi Kwarteng told as Labour savages budget

The Chancellor came under fire following the government's refusal to target the eye-watering profits made by energy companies in Rachel Reeve's brutal response

Daily Mirror

Watch Tories CHEER as the bankers' bonus cap is scrapped

CONSERVATIVE MPs cheered as the Chancellor confirmed that the cap on bankers' bonuses will be removed during an announcement in the House of Commons.

The National (Scotland)

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Wales Online

Price of beer, wine, cider and spirits cut by Kwarteng

Good news for drinkers in the mini-Budget

Daily Mirror

Alcohol duty frozen in Mini-Budget - saving Brits 7p on a pint of beer

The announcement was made by Chancellor Kwasi Kwarteng in today's Mini-Budget that also plans to cut National Insurance and well as Stamp Duty and Corporation Tax

Daily Mirror

Kwasi Kwarteng's bold comment to tutor after Cambridge University interview

The Chancellor of the Exchequer studied history and classics at Trinity College in Cambridge after leaving Eton and his university interview reportedly ended with a rather bold comment

Insider UK

Chancellor axes top income tax rate for highest earners

The 'mini-budget' also confirmed a cut to stamp duty and the axing of caps on bankers' bonuses

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Evening Standard

Kwasi Kwarteng AXES top income tax rate for highest earners

The Chancellor announced a raft of tax cuts in a mini-budget

Daily Mirror

UK households to save £150 on energy bills as green levies axed in Mini-Budget

The announcement came as part of chancellor's Mini-Budget unveiled today and comes after the prime minister had reportedly said she wanted to freeze soaring energy bills

Wales Online

All the changes Kwarteng just announced, including lower taxes and Stamp Duty

Income Tax has been cut

The Guardian - UK

Kwarteng scraps top 45% rate of income tax and cuts stamp duty

Chancellor abolishes cap on banker bonuses, cuts basic income tax and national insurance in mini-budget that favours top earners

Daily Record

Mini Budget 2022: How Kwasi Kwarteng's huge tax cuts will affect Scots as rich set to benefit

The Chancellor of the Exchequer announced huge tax cuts that will benefit the richest in society.

Evening Standard

New stamp duty rules: Kwasi Kwarteng cuts the property tax

The new, permanent cuts to stamp duty are effective from today

The Independent UK

Kwarteng axes higher income tax for top earners and accelerates 1p cut for all

Chancellor claims abolishing 45p rate – already cut from 50p by George Osborne – ‘will make Britain more competitive’

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