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Economic policy

Kwarteng accused of reckless mini-budget for the rich as pound crashes

Kwasi Kwarteng has been accused of delivering a reckless mini-budget for the rich after his £45bn tax-cutting package sent...

Kwasi Kwarteng’s mini-budget: key points at a glance

Opening remarks Kwasi Kwarteng says the government was never going to let households face soaring energy bills caused by...

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

Kwasi Kwarteng has bet the government’s re-election in 2024 on the biggest tax cuts in 50 years after the...

From stamp duty to defence spending: what will Kwarteng’s mini-budget do?

The chancellor, Kwasi Kwarteng , stands up in the Commons on Friday morning to reveal his “emergency budget”. ...

Kwasi Kwarteng to announce network of low-tax investment zones

The chancellor, Kwasi Kwarteng , is expected to announce the creation of a network of low-tax, low-regulation investment zones...

Kwarteng to announce £30bn of tax cuts in mini-budget – reports

Kwasi Kwarteng is preparing to announce £30bn of tax cuts in an effort to ease the pressure of the...

The heat is on after Liz Truss’s extraordinary energy bill gamble

B ack in March, just a few weeks into Russia’s invasion of Ukraine, Liz Truss’s future chancellor Kwasi Kwarteng...

Bank governor defends inflation record as Truss review awaits

Andrew Bailey has defended the Bank of England’s record of managing inflation under his command amid growing pressure on...

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