Mini-budget 2022 summary: Kwasi Kwarteng’s major tax cut plans – as it happened
Follow the latest updates on the government’s mini-Budget, with analysis and commentary from the New Statesman politics team.
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British Politics
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British Politics
Kwasi Kwarteng’s plan for growth was a bad idea 50 years ago
Anthony Barber thought he could make huge tax cuts without encouraging inflation. He was proved wrong.
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The rich are the biggest winners from Kwasi Kwarteng’s mini-Budget
Those earning over £200,000 will receive a tax cut of £4,000.
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The mini-Budget left both Tory and Labour MPs stunned
Faced with the remarkable abolition of the 45p tax rate, the House of Commons did not know how to respond.
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Liz Truss has taken the biggest ideological gamble for 40 years
Could a no-holds-barred drive for growth lead voters to return to the Tories?
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Kwasi Kwarteng has cut tax for the highest earners – will he pay a political price?
Like George Osborne, the new Chancellor has delivered another “tax cut for millionaires” but history suggests Labour may not benefit.
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Is Fiona Bruce the problem, or is Question Time?
No one knows if BBC bias, sexism or soundbite politics is to blame.
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What to expect from Kwasi Kwarteng’s mini-Budget announcement today
Each policy is likely to be justified in terms of one aim: economic growth.
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