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The Latest Breaking News from Kwasi Kwarteng

Pound plummets to fresh 37-year low as markets are spooked as mini-budget unveiled

Sterling declined to a new 37 year low of $1.0899

Evening Standard

Chancellor Kwasi Kwarteng's mini-budget - have your say

Using more than £70 billion of increased borrowing, Kwasi Kwarteng has set out a package which includes abolishing the top rate of income tax for the highest earners. Let us know what you think of his mini-budget announcement

Bristol Post

Opinion: Don't forget the South West when levelling up the UK

"It’s up to us as business leaders, owners and professionals to make the case for our region"

Birmingham Post

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Onshore wind farm ban scrapped in mini-Budget OLD REDIRECTED

Campaigners welcome move – but condemn fossil fuel push and plan to weaken environmental protections

The Independent UK

Graph shows change in income for low and high earners after 'disgraceful' Mini-Budget

The Mini-Budget this morning announced a £45billion tax cut with the richest people potentially benefitting by a huge £10,000 per year, according to Treasury officials

Daily Mirror

Liz Truss and Kwasi Kwarteng's big gamble could railroad the economy off the tracks

The Daily Record's Westminster Editor Torcuil Crichton analyses Kwasi Kwarteng's mini budget that helps the wealthiest in society.

Daily Record

People claiming Universal Credit working part-time may see benefit payment cut under new plans

Part-time workers could have their benefits cuts if they don't look for more work.

Daily Record

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Children ‘facing hungry Christmas’ after Kwarteng ‘prioritised bankers’ in mini-Budget, charities warn

Kwasi Kwarteng and Liz Truss accused of ‘prioritising bankers’ bonuses’ over hardest-hit families

The Independent UK

Rail unions say government plans to limit strikes will ‘enrage’ members

Kwasi Kwarteng announces moves that oblige unions to ensure trains run ahead of sustained industrial action

The Guardian - UK

Pound plummets as Kwasi Kwarteng sets out biggest raft of tax cuts for 50 years

The Chancellor abolished the top rate of income tax for the highest earners.

The Independent UK

Welsh Government should consider going lower than the Chancellor on the top rate of tax

Business Editor Sion Barry on Kwasi Kwarteng's gamble with his dash for growth mini-Budget

Birmingham Post

‘Helping the rich’: mini-budget brings fear and anger to PM’s home patch

Residents in the Leeds suburb of Roundhay, where Liz Truss went to school, express their views

The Guardian - UK

Pound falls to 37-year low against dollar as mini-budget puts markets in spin

FTSE 100 drops more than 2% to trade below 7,000 for first time since early March

The Guardian - UK

Analysis: Chancellor’s mini-budget presents Sir Keir Starmer with dilemma as UK returns to Thatcherite free market economics

The new Chancellor buried the legacy of Boris Johnson’s big spending, higher tax agenda

Evening Standard

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The Guardian - UK

Hospitality sector: mini-budget judged a missed opportunity to help

Freeze on alcohol duty welcomed, but lack of new measures to support struggling businesses disappoints

Al Jazeera

UK mini-budget shakes the stock market, benefits the wealthy

The new finance minister’s tax cuts send the British pound to a 37-year low.

Evening Standard

Pub and restaurant body challenges Chancellor on VAT budget omission

UKHospitality boss insists ignored business rates must also be urgently addressed in autumn budget or before

Evening Standard

Chancellor goes to war with ‘militant trade unions’ as he vows to make it harder to strike

The Government will make it harder for trade unions to declare strike action, the Chancellor announced on Friday.

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Birmingham Post

Hydrogen, carbon capture and offshore wind - all Humber infrastructure Chancellor aims to accelerate

Northern Powerhouse Rail and road improvements also flagged for the region

The Guardian - UK

If you are poor, it’s time to ask yourself: have you thought of simply being rich?

Kwasi Kwarteng’s tax-slashing mini-budget is the latest masterstroke in Liz Truss’s quest ‘to be unpopular’, says Guardian columnist Marina Hyde

The Guardian - UK

Planning rules for new onshore windfarms likely to be eased in UK

Wind could be more productive way than fracking to boost electricity supplies and bring down prices

Birmingham Post

North East business groups welcome 'mini Budget' but warn on economy

Labour said the Government "have decided to replace levelling up with trickle down”

Insider UK

What does the mini-budget mean for Scottish businesses?

We ask the experts which changes will have the most impact and how Holyrood is likely to react

Daily Mirror

What the Mini-Budget means for your money - from your income to savings and pensions

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with changes to Income Tax, National Insurance and the benefit system all confirmed this morning

Manchester Evening News

How much Stamp duty you will have to pay on a house

The new Chancellor announced a cut to stamp duty tax, but how will that impact you?

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