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The Latest Breaking News from Kwasi Kwarteng

Corporation tax hike on big business profits cancelled, says Kwarteng

Levy was due to rise from 19 to 25 per cent next April – after Rishi Sunak accepted low rate had failed to boost investment

The Independent UK

Kwasi Kwarteng sets out mini-budget as recession looms - these are the key points

THE UK Government will lift the cap on bankers’ bonuses, Kwasi Kwarteng has told the Commons.

The National (Scotland)

Chancellor confirms changes to Universal Credit rules and energy bills

Kwasi Kwarteng also cut income tax, slashed Stamp Duty and alcohol duty as well as confirming the cancellation of National Insurance rises

Wales Online

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Bankers’ bonus cap scrapped by Kwasi Kwarteng in mini-budget

Chancellor says move will attract top talent to the City and boost tax revenue

The Independent UK

Energy bill package will cost £60bn in first six months, says chancellor Kwasi Kwarteng

Chancellor sets out cost of support in tax-cutting mini-budget

The Independent UK

Kwasi Kwarteng says energy plan will cost £60 billion over six months funded by borrowing

Mr Kwarteng is outlining a mini-budget, telling MPs that energy costs are "particularly uncertain"

Daily Mirror

Tories SCRAP cap on multimillion pound bonuses for wealthy bankers as millions struggle

Announcing his mini budget in the House of Commons, Chancellor Kwasi Kwarteng opened the door for unlimited payments to be dished out again - as millions struggle to make ends meet

Daily Mirror

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Sacked Kwasi Kwarteng's prestigious education and long-term friendship with Liz Truss

Kwasi Kwarteng had a prestigious education before entering parliament at the same time as his long-term ally Liz Truss — here's where the ex-chancellor was educated

Daily Mirror

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

The chancellor has delivered his mini-budget – here are the main points, with political analysis

The Guardian - UK

Kwasi Kwarteng's younger wife, 'sex dossier' and on-off romance with ex-Home Secretary

Chancellor Kwasi Kwarteng, who is unveiling his 'mini Budget' today, is an 'intensely private' person when it comes to his love life but is married to a much younger City lawyer

Daily Mirror

8 things you might not know about new Chancellor Kwasi Kwarteng

The new chancellor will have a major role in how people cope with the cost crisis this winter - but who is he?

Wales Online

What's in Chancellor's red box and why Kwasi Kwarteng won't use it for Mini-Budget

The history of the government’s red box goes back well over a century. But the new Chancellor of the Exchequer, Kwasi Kwarteng, hasn't yet brought it back out as per tradition – here’s what’s inside

Daily Mirror

Nottinghamshire's only coal-fired power station to keep burning amid Ukraine war

The Government says that "back-up" supply is needed

Nottingham Post

Kwasi Kwarteng's awkward moment on University Challenge where he swore twice

The newly-appointed Chancellor faced Jeremy Paxman on the show in 1995, and got so panicked over failing to answer the questions correctly that he swore twice during the episode

Daily Mirror

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The Independent UK

UK Treasury chief to set out tax-slashing emergency budget

The U.K. government will publish an emergency budget statement outlining how it plans to slash taxes, tame soaring inflation and boost economic growth as a recession looms on the horizon

The National (Scotland)

Kwasi Kwarteng to put mini-budget forward today - here's how to watch

KWASI Kwarteng is set to announce tens of billions of pounds of tax cuts and new spending in a mini budget on Friday morning.

The Independent UK

What time is the mini-budget today and what to expect from Kwasi Kwarteng’s announcement

Kwasi Kwarteng will vow to ‘turn vicious cycle of stagnation into virtuous cycle of growth’

The Guardian - UK

Mini-budget 2022: pound crashes as chancellor cuts stamp duty and top rate of income tax – as it happened

Tax cuts to cost Treasury around £37bn in 2023-24, official figures reveal

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Evening Standard

FTSE 100 Live: Pound tumbles under $1.09 and investors dump government bonds after mini budget

The pound fell under $1.09 after Kwasi Kwarteng delivered his growth-focused mini-budget with consumer confidence at a record low and markets under pressure after more big interest rate rises.

The Guardian - UK

Pound plunges through $1.09 as former US Treasury secretary blasts ‘naive’ UK policies in mini-budget– as it happened

Sterling has tumbled by over three cents to 37-year low, and UK gilt yields are surging, after Kwasi Kwarteng announced huge unfunded tax cuts

Manchester Evening News

What time and when is Kwasi Kwarteng's mini-budget announcement this morning?

The government is believed to introduce a variety of tax cuts later on this morning

Evening Standard

Mini-budget latest LIVE: Kwasi Kwarteng scraps 45% top rate of income tax as Chancellor slashes stamp duty

The basic rate of income tax will be cut to 19p in the pound from April 2023 and the 45% higher rate will be ‘abolished’

The Independent UK

Mini-Budget 2022 - live: Kwarteng tax cuts send pound plummeting

IFS says chancellor making no semblance of effort to balance books and Labour slates ‘plan to reward already wealthy’

Daily Mirror

Who is Kwasi Kwarteng? Sacked Chancellor's privileged life and right-wing views

A long-time ally of Liz Truss, Mr Kwarteng appeared to be a shoo-in to become Chancellor once it was clear she would trounce her rival Rishi Sunak in the Tory leadership race. However, it all went south just 38 days into the job

The Guardian - UK

Friday briefing: What to expect from Kwasi Kwarteng today

In today’s newsletter: The newly appointed chancellor will deliver his first ‘fiscal event’ in Parliament today – but will it make a difference?

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