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The Latest Breaking News from Tax Cuts

Liz Truss kissing goodbye to Red Wall with tax cuts, MPs fear

The £35billion package included the abolition of the top rate of income tax, a cut in the basic rate, a reduction in stamp duty, the cancellation of the National Insurance increase and the scrapping of the rise in corporation tax from 19pc to 25pc

Evening Standard

Keir Starmer blasts 'p***take' Budget as Andy Burnham calls it 'vandalism on UK'

Labour's leader said plans to save the richest £10k a year each are 'not trickle down, it's taking the p***' - as Liz Truss plots a wave of new tax cuts in the new year

Daily Mirror

The Tories’ huge gamble offers a fabulous opportunity Keir Starmer’s party must seize

Labour has a better plan for growth than Kwasi Kwarteng’s sugar-rush of tax cuts. Now it needs to pitch it to voters

The Guardian - UK

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Truss vows to usher in a ‘decade of dynamism’ in hint at more tax cuts

The Prime Minister and Chancellor Kwasi Kwarteng defended their controversial raft of tax cuts amid accusations they mainly benefit the rich.

Evening Standard

The Observer view on Liz Truss’s disastrous ‘fiscal event’

This was a brazen gamble that can only damage Britain’s future

The Guardian - UK

Truss vows ‘decade of dynamism’ in hint at more tax cuts

The Government's £45 billion tax-slashing package was met with some concern from leading economists

Wales Online

Keir Starmer unveils green growth plan to counter Liz Truss’s tax cuts

Labour pledges a revolution in green energy to ‘boost jobs and slash emissions

The Guardian - UK

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Birmingham broods over Tory treachery as Conservative party conference looms

Tax cuts for the rich have not gone down well in Ladywood, the city constituency due to host the Conservatives’ annual gathering

The Guardian - UK

How homes in the South will gain three times as much than the North after UK tax cuts

Chancellor Kwasi Kwarteng unveiled his mini-Budget on Friday - in which he addressed tax cuts on Stamp Duty, which experts believe will only benefit those living in the South of the United Kingdom

Chronicle Live

Liz Truss hits out after critics slam tax cuts as 'for the rich' and pound plummets to 37-year low

Labour has described the Government's plans as 'casino economics'

Manchester Evening News

Red wall seats are being put at risk by ‘cavalier’ tax cuts, Liz Truss warned

Tories are nervous of the ‘song and dance’ about doing more for high earners and the shift away from levelling-up

The Guardian - UK

'Make the rich richer and do nothing for working people': Keir Starmer says Tories are gambling with people's money

Labour leader has attacked the Government wake of £45bn package of tax cuts

Manchester Evening News

What Historic UK Tax Cuts Mean For The Markets: 'Material Increase In Risks'

The iShares MSCI United Kingdom ETF (NYSE: EWU) plummeted 5.3% on Friday after investors were not impressed by an aggressive series of tax cuts unveiled by the new U.K. government.

Benzinga

Scottish Tories face more disarray as tax cut row looms

DIVISIONS among Conservatives first brought to the fore by the Tory leadership contest have resurfaced as a result of the major tax cuts in Kwasi…

The National (Scotland)

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Manchester Evening News

Government dismisses criticism of tax cuts as ‘politics of envy’

It comes as Chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years

Daily Mirror

How homes in South will gain THREE TIMES as much as those in North from tax cuts

Chancellor Kwasi Kwarteng yesterday unveiled his mini-Budget which included tax cuts on Stamp Duty, which experts believe will only benefit those living in the South of Britain

Wales Online

Government says tax cuts flack is 'politics of envy'

Labour accused PM Liz Truss and Chancellor Kwasi Kwarteng of dabbling in 'casino economics'

The National (Scotland)

Have your say on paying higher taxes in Scotland than England

FOLLOWING Chancellor Kwasi Kwarteng’s announcement of the biggest tax cuts in decades for people in England, Scottish Tories are calling on the…

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news in one place.

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The Guardian - UK

Tories gambling with the finances of British people, says Starmer

Labour leader attacks ‘casino economics’ in wake of £45bn package of tax cuts announced by chancellor

The National (Scotland)

Minister brands concern over tax cuts for wealthiest 'the politics of envy'

A TOP Tory minister has described concerns over tax cuts benefitting the wealthy most as the "politics of envy".

The National (Scotland)

Douglas Ross slated as he calls on Nicola Sturgeon to replicate Tory tax cuts

SCOTTISH Conservative leader Douglas Ross has been slated for demanding that Holyrood replicates the tax cuts announced by the UK Government on…

The National (Scotland)

'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…

Wales Online

‘Only the very richest’ in Britain will see incomes grow, tax cut analysis says

Chancellor's huge package of personal tax cuts will do nothing to stop more than two million people falling below the poverty line, says think tank

Wales Online

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'

Evening Standard

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

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