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The Latest Breaking News from Kwasi Kwarteng

'Richest 5 per cent to get richer while 95 per cent get poorer' under Tory plans

THE Tory government's huge package of personal tax cuts amid the cost-of-living crisis will do nothing to stop more than two million people falling…

The National (Scotland)

General election must be called so public pass their verdict on this bunch of charlatans

Record View says voters are anxiously wondering how they can pay the bills, with rampant inflation, rising interest rates and sky high energy costs draining their finances.

Daily Record

Kwasi Kwarteng insists vast tax cuts ‘not a gamble’ amid hostile reception

Chancellor refutes Institute of Fiscal Studies claim that he is 'betting the house' by putting Government debt on an 'unsustainable rising path'

Wales Online

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Martin Lewis gives good news for workers earning under £50,000 in new video

The Money Saving Expert founder explained the latest Stamp Duty and Income Tax changes that were brought in by Chancellor Kwasi Kwarteng's 'new growth plan' on Friday

Daily Mirror

Irish shoppers could save hundreds on big ticket items after UK VAT-free decision

Irish people would save €250 if they bought an iPhone in England rather than at home

Irish Mirror

Plunge in sterling leaves drivers paying £6 more for tank of petrol, says AA

While oil prices are back to pre-Ukraine war levels, a weaker pound results in higher costs for motorists

The Guardian - UK

DWP benefit rule change could see 120,000 at risk of Universal Credit cuts

Some people face having their benefits slashed if they don't work a certain amount of hours at the National Living Wage.

Chronicle Live

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Chancellor says mini budget ‘is not a gamble’ as pound plunges

Kwarteng defends massive tax cuts and borrowing as spooked markets leave pound at new 37 year low

Evening Standard

'Reckless and irresponsible' – North East Labour MPs' tax cut fury after mini-budget 'for the rich'

Chancellor Kwasi Kwarteng announced a huge set of measures on Friday, including abolishing the top rate of income tax for high earners, which will be funded by more than £70bn of borrowing

Chronicle Live

Time is against Liz Truss as she bets big on plan to turn economy around

With an election two years away, failure could shred the Tories’ economic credibility

The Guardian - UK

Mini-budget 2022: What a stamp duty cut means for NI's property market and first-time-buyers

The move is designed to help first-time buyers get on the property ladder

Belfast Live

'An opportunity missed': North East foodbanks react to Government's 'disappointing' mini-Budget

Chancellor Kwasi Kwarteng's mini-Budget announcement included a lift on the cap on bankers' bonuses and an axe of the planned rise to corporation tax

Chronicle Live

Tax change calculator: See how your wage will be affected by the mini-budget

Millions of households are set to benefit from the tax cuts

Manchester Evening News

‘Tourists want to spend’: shoppers in London share views on the mini-budget

High-end shopping districts could benefit from duty-free shopping and the scrapping of the 45% tax band

The Guardian - UK

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The Guardian - UK

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

Strategy of sweeping tax cuts gets hostile reception from markets and economic thinktanks, leaving some Tory MPs aghast

Daily Mirror

Fish and chip shop owners 'let down' by Mini-Budget as they take battering amid crisis

Andrew Crook, president of the National Federation of Fish Friers, said the new Mini-Budget announced by the government today helps 'bankers, not bakers and financiers, not fish friers'

Bristol Post

Estate agents and property experts respond to stamp duty cuts

"We can now expect the stamp duty spurred stampede of buyer activity seen during the pandemic to return"

Edinburgh Live

Mini budget: Martin Lewis explains how much better off people on low income will be

Martin Lewis issued an important update to anyone who pays National Insurance and those on low incomes after Chancellor of the Exchequer Kwasi Kwarteng announced the mini-budget.

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The Guardian - UK

The Guardian view on the Tory trickle up policies: redistributing to the rich

Editorial: Kwasi Kwarteng thinks Britain needs to give millionaires huge handouts and concrete over the country. He’s wrong

Liverpool Echo

Families abandon three food types as cost of living soars

Rising food and energy costs are changing the way families are cooking and eating

Daily Record

Friday headlines: Scots charity paedo convicted and who the Mini Budget benefits

Here are the main headlines on the Daily Record website today.

The National (Scotland)

Devastating graph shows poorest in UK get NOTHING from Tory tax cut plans as rich get richer

How much will the worst-off get from Kwasi Kwarteng mini-budget tax cut plans?

The Guardian - UK

Liz Truss and Kwasi Kwarteng have made a declaration of class war

This unofficial budget is morally indefensible, economically reckless and so risky it suggests a political death wish, says Guardian columnist Jonathan Freedland

Evening Standard

Former Conservative cabinet minister condemns tax cut for the rich as ‘wrong’

A former Conservative cabinet minister has called the government’s mini budget announcing tax cuts for the rich “wrong”.

The Guardian - UK

Half of Kwarteng’s cuts to personal tax will go to richest 5%, say experts

Thinktank says someone earning £1m will gain £40,000 as top rate, basic rate and national insurance reduced

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