Kwasi Kwarteng has delivered his first budget since being appointed to Liz Truss’ cabinet. 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 2023-24Kwasi Kwarteng’s mini-budget: key points at a glanceMini-budget 2022: chancellor Kwasi Kwarteng cuts stamp duty and top and basic rates of income tax – live Continue reading…
Source : theguardian.com
Read more…Kwasi Kwarteng delivers sweeping cuts in latest mini-budget – video
