Richest 10% will get half of gains from tax cuts
A mini budget with a maximum boost for the rich.
Tag: kwasi kwarteng
‘Unashamedly for the rich’: Reaction pours in to Kwarteng’s budget
"A gift for the few and a slap in the face for many", reaction pours in after Kwasi Kwarteng delivers his first mini-budget.
Pound strength drops to lowest level EVER ahead of mini-budget
Looks like the markets aren't buying Kwasi Kwarteng's so-called "growth plan".
No time to scrutinise Chancellor’s mini-budget as MPs head out on recess
“Conservative ministers are yet again showing contempt for the British people by hiding away from proper scrutiny."
Chancellor to slash benefits for over 100k people if they ‘fail to properly look for more work’
He will also slash bankers' bonuses and taxes in a mini-budget on Friday.
‘Perfectly normal country’: Treasury refuses to publish UK economic forecast
“These forecasts are a vital indicator of the health of the nation’s finances," Mel Stride said.
Treasury ‘considering removing cap on bankers’ bonuses as part of City shake-up’
It comes as many Britons struggle to meet bill payments amid a mounting cost-of-living crisis.
UK gas and energy producers will make £170 billion excess profits in next 2 years
Both Liz Truss and Kwasi Kwarteng have both signalled their opposition to a windfall tax on profits, preferring to increase borrowing instead.
Cabinet ministers write strongly worded letter to P&O chairman – who retired last year
"There is literally nothing these people can’t balls up. Nothing."