Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Chancellor Kwasi Kwarteng has introduced a cut in stamp duty as part of his “mini-budget”. Mr Kwarteng delivered an emergency statement to the Commons on Friday, laying out the new […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email A Treasury minister was left red-faced after claiming the tax-slashing mini-Budget had pushed up the value of the pound – moments before it plunged to a 37-year low. Sterling dropped […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Britain’s new chancellor Kwasi Kwarteng has delivered a “mini-Budget” to Parliament, an emergency statement laying out the new Liz Truss administration’s tax-slashing agenda. Ms Truss regards cutting tax as the […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Kwasi Kwarteng has abolished stamp duty on homes worth up to £250,000 in a bid to boost the property market. The announcement, in the chancellor’s mini-budget, came in the face […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email The government support package to cap energy bills from October will cost £60bn in the first six months alone, said chancellor Kwasi Kwarteng. “The total cost of the energy package […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email The 45p income tax rate paid by Britain’s highest earners will be axed, in the biggest surprise in Kwasi Kwarteng’s mini-budget. The chancellor also accelerated a planned 1p cut in […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email The planned increase in corporation tax on big business profits will be axed, the chancellor Kwasi Kwarteng has announced, claiming the move can help boost wages and jobs. The levy […] More
Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email A government minister has denied the falling pound and rising borrowing costs show markets are worried about today’s mini-budget – insisting growth is what matters. Simon Clarke also rejected warnings […] More
