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The Latest Breaking News from Liz Truss

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.

Al Jazeera

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

Martin Lewis 'staggered' and 'worried' by Chancellor's mini-budget

Tax cuts are 'central' to the plan

Nottingham Post

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The cost of the 10 most expensive household appliances based on Liz Truss’ energy cap

Homeowners will have to fork out over £70 to run their fridge freezer if bills reach the prime minister’s energy cap

Wales Online

New budget will ’embed unfairness’ across the UK, says Welsh finance minister

One charity has called Chancellor Kwasi Kwarteng’s plans to cut taxes for the wealthy ‘grotesque’.

The Independent UK

How the mini-budget affects you - including benefits, tax cuts and stamp duty

The Chancellor announced a series of tax cuts as the cost of living crisis rages on, but the measures drew criticism from Labour as benefitting the richest

Chronicle Live

"Wrong kind of shale": North East geologist reacts after Government lifts UK fracking ban

Liz Truss's Government lifted the fracking ban on Thursday morning - breaking a promise of the 2019 Tory manifesto

Chronicle Live

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Who is Kwasi Kwarteng? New chancellor behind sweeping tax cuts

Longtime ally of prime minister Liz Truss has unveiled his mini-budget

The Independent UK

How much tax do you pay in Scotland after Kwasi Kwarteng unveils mini budget

Income tax levels could soon vary substantially in Scotland and England after the UK Government announced plans to help the richest.

Daily Record

Everything you need to know about Kwasi Kwarteng’s stamp duty cut

Chancellor Kwasi Kwarteng unveils new adminstration’s tax-slashing agenda

The Independent UK

SNP in no rush to cut income tax as John Swinney attacks 'reckless' Tory budget

The Scottish Finance Secretary said the UK Treasury statement was 'cold comfort' for millions of Scots.

Daily Record

Emily Sheffield: This non-budget Budget is just as risky for Keir Starmer as Liz Truss

Today is a big day for the Truss government. And this weekend is just as important for Labour as it sets out its stall at the party conference in Liverpool. It’s not difficult to summarise how the critique of the new Tory leader will go: same old Tories. One rule…

Evening Standard

Britain’s rich to enjoy lion’s share of £45bn tax cuts announced by Kwasi Kwarteng

Government accused of helping those who are ‘already wealthy’ with ‘Robin Hood in reverse’ mini-Budget

The Independent UK

Nicola Sturgeon warns richest people 'laughing all the way to the bank' after Tories slash taxes

The First Minister slammed the UK Government was "reckless" and "incompetent" after new Chancellor Kwasi Kwarteng slashed taxes for the wealthy.

Daily Record

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Wales Online

Martin Lewis 'worried' after 'staggering' mini-budget from Chancellor Kwasi Kwarteng

'Huge new borrowing at the same time as cutting taxes'

The Guardian - UK

Does Kwasi Kwarteng’s mini-budget offer any solutions to Britain’s crises? Our panel decides

The chancellor has delivered swingeing tax cuts and an end to the cap on bankers’ bonuses

Liverpool Echo

What today's multi billion pound government mini budget means for you

New Chancellor Kwasi Kwarteng has laid out the government's major economic plans as the cost of living crisis worsens - here's what it all means

Wales Online

How the mini budget will affect you living in Wales

Kwasi Kwarteng's spending plans will put money back in most people's pockets - but particularly the wealthy

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Daily Record

Liz Truss 'robbing the poor' in tax-cutting budget for wealthy funded by massive borrowing

Opposition parties were left slack jawed by the audacity of Kwasi Kwarteng's unashamed move to cut taxes for the wealthy and big businesses under the cover of encouraging growth.

Daily Mirror

Mini-Budget 2022 summary: £45bn tax cut announcements at a glance and how they hit you

Stamp Duty, Income Tax, the bankers' bonus cap, and tax on the very richest 660,000 Brits have all been slashed in a tax-cutting mini-Budget that was 'mini' in name only

Wales Online

Chilling warning from respected economist about Liz Truss's borrowing binge to pay for her tax cuts

He fears a 1970s-level financial crisis

The Guardian - UK

Rees-Mogg should make his constituency first to be fracked, says Tory MP

Mark Menzies challenges business secretary to ‘lead by example’ and start drilling in North East Somerset

Daily Record

Mini Budget 2022: How Kwasi Kwarteng's huge tax cuts will affect Scots as rich set to benefit

The Chancellor of the Exchequer announced huge tax cuts that will benefit the richest in society.

Daily Record

Mini Budget 2022: Kwasi Kwarteng scraps cap on multimillion pound bankers' bonuses

The Chancellor has overturned rules brought in following the global financial crisis in 2008 when Gordon Brown was Prime Minister.

Daily Mirror

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

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