{"id":139279,"date":"2023-09-22T22:27:49","date_gmt":"2023-09-22T15:27:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-lost-about-100000-one-year-on-britons-count-cost-of-the-mini-budget\/"},"modified":"2023-09-22T22:39:14","modified_gmt":"2023-09-22T15:39:14","slug":"we-lost-about-100000-one-year-on-britons-count-cost-of-the-mini-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-lost-about-100000-one-year-on-britons-count-cost-of-the-mini-budget\/","title":{"rendered":"\u2018We lost about \u00a3100,000\u2019: one year on, Britons count cost of the mini-budget"},"content":{"rendered":"


\nPeople who lost money for care home fees and others facing rocketing mortgage costs after Truss\u2019s gambit share their storiesThe chancellor, Kwasi Kwarteng\u2019s speech at the Commons dispatch box on 23 September last year, and his refusal to publish the Office for Budget Responsibility\u2019s autumn 2022 forecast on the state of the economy, led to a run on the pound, sharply higher borrowing costs and a crisis in the UK pensions industry.A year on from Liz Truss and Kwarteng\u2019s disastrous mini-budget, people from across the country shared with the Guardian how their lives and finances were affected by its chaotic aftermath. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018We lost about \u00a3100,000\u2019: one year on, Britons count cost of the mini-budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

People who lost money for care home fees and others facing rocketing mortgage costs after...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139279","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Aer","jetpack-related-posts":[{"id":129929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-kwartengs-stamp-duty-cut-mean-for-uk-homebuyers\/","url_meta":{"origin":139279,"position":0},"title":"What does Kwarteng\u2019s stamp duty cut mean for UK homebuyers?","date":"September 23, 2022","format":false,"excerpt":"\r As chancellor announces no tax to be paid on properties up to value of \u00a3250,000, we explain changes across UKKwasi Kwarteng\u2019s mini-budget: key points at a glanceLive updates: Kwasi Kwarteng announces mini-budgetThe chancellor, Kwasi Kwarteng, has confirmed a permanent stamp duty cut, with no tax to be paid on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kwasi-kwartengs-mini-budget-key-points-at-a-glance\/","url_meta":{"origin":139279,"position":1},"title":"Kwasi Kwarteng\u2019s mini-budget: key points at a glance","date":"September 23, 2022","format":false,"excerpt":"\r The chancellor has delivered his mini-budget \u2013 here are the main points, with political analysisKwasi Kwarteng announces sweeping tax cuts in mini-budgetLive updates: Kwasi Kwarteng announces mini-budgetKwasi Kwarteng says the government was never going to let households face soaring energy bills caused by Vladimir Putin\u2019s war in Ukraine.Reversing the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130613,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/obr-forecasts-likely-to-show-60bn-70bn-hole-after-kwartengs-mini-budget\/","url_meta":{"origin":139279,"position":2},"title":"OBR forecasts likely to show \u00a360bn-\u00a370bn hole after Kwarteng\u2019s mini-budget","date":"October 8, 2022","format":false,"excerpt":"\r Predictions handed to chancellor expected to paint gloomy picture for UK economy amid slowing growth outlook and sweeping tax cutsKwasi Kwarteng has been handed independent forecasts on the state of the UK finances that are expected to show a hole of more than \u00a360bn left by his sweeping tax\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teachers-and-nurses-face-tax-increase-after-mini-budget-hands-cut-to-bankers\/","url_meta":{"origin":139279,"position":3},"title":"Teachers and nurses face tax increase after mini-budget hands cut to bankers","date":"September 25, 2022","format":false,"excerpt":"\r Research by the Liberal Democrats shows that key workers will be worse off next year but top bank bosses will enjoy huge perksTeachers and nurses will see their income taxes increase next year while top bank bosses will enjoy a cut worth more than \u00a3100,000, according to a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-for-october-fall-10-after-mini-budget\/","url_meta":{"origin":139279,"position":4},"title":"UK mortgage approvals for October fall 10% after mini-budget","date":"November 29, 2022","format":false,"excerpt":"\r Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020The chaos in the mortgage market that followed Kwasi Kwarteng\u2019s now infamous mini-budget led to a 10% fall in the number of mortgage approvals during October.According to the latest figures from the Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kicking-myself-i-didnt-move-faster-fear-and-panic-grips-housing-market\/","url_meta":{"origin":139279,"position":5},"title":"\u2018Kicking myself I didn\u2019t move faster\u2019: fear and panic grips housing market","date":"October 7, 2022","format":false,"excerpt":"\r In a Hertfordshire town, buyers, sellers and estate agents tell of the effects of Kwarteng\u2019s mini-budgetThe phone has all but stopped ringing at Mullucks estate agent in Bishop\u2019s Stortford \u2013 except for calls from buyers with bad news about collapsing chains.Since the chancellor Kwasi Kwarteng\u2019s mini-budget two weeks ago,\u2026","rel":"","context":"In "Property 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