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Tax and spending

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IFS: Millions in Britain ‘face stealth tax raid’ under Liz Truss’s plans

Millions of households are facing a “stealth” tax raid under Liz Truss’s government despite her promise to support workers...
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Business

More concessions needed to fix UK’s reputation in markets, Kwarteng is told

Kwasi Kwarteng has been warned that further concessions on his mini-budget will be required beyond his U-turn on the...
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Business

Kwasi Kwarteng mulls more beneficial tax cuts for high earners

The government is considering a series of further tax cuts that could hand thousands of pounds to high earners,...
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Business

Kwarteng: UK economy must expect more tax cuts and deregulation

Liz Truss plans to radically reshape the UK economy with even more tax cuts and fewer regulations, her chancellor...
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Business

Truss’s go-for-broke gamble means Labour inherits economic mess if it wins election | Larry Elliott

L abour tends to come to power with the economy in poor shape. That was the case for...
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Business

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...
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Business

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...
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Business

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...
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