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Kwasi Kwarteng delivers sweeping cuts in latest mini-budget

Guardian, 23 Sep 2022
Kwasi Kwarteng has delivered his first budget since being appointed to Liz Truss' cabinet.
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On Friday the chancellor laid out plans to cut stamp duty, scrap bankers' bonuses and get rid of the highest band of income tax in a statement made in parliament. The Treasury has released a document showing the newly introduced tax cuts will cost about £37bn in 2023-24.

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

Mini-budget 2022: chancellor Kwasi Kwarteng cuts stamp duty and top and basic rates of income tax – live ►

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