Kwarteng: UK economy must expect more tax cuts and deregulation Chancellor says he and Liz Truss want to do what previous Tory governments deemed unthinkable
Liz Truss plans more immigration in effort to fill vacancies and drive growth Government likely to lift cap on agricultural and broadband workers, and alter shortage occupations list
Kwasi Kwarteng mulls more beneficial tax cuts for high earners Reports chancellor is considering further changes to taxation after mini-budget ‘for the rich’
Truss’s go-for-broke gamble means Labour inherits economic mess if it wins election Vote is there to be lost by Labour. How hard can it be to show party would do a better job on economy?
Forget trickle down, what the UK needs is middle-out economics Liz Truss is banking on a failed policy. The focus should be on the real driving force behind economic growth
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
Rishi Sunak said it was fairytale economics. That was one thing he got right The markets have no faith in the mini-budget and the British people will soon feel its effects
The Observer view on Liz Truss’s disastrous ‘fiscal event’ This was a brazen gamble that can only damage Britain’s future
‘It’s extraordinary’: Liz Truss’s low-tax gamble has yet to convince Tory MPs Colleagues ask if the new PM and chancellor Kwasi Kwarteng’s experiment is ‘a stroke of genius – or will blow up the economy’
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
Time is against Liz Truss as she bets big on plan to turn economy around With an election two years away, failure could shred the Tories’ economic credibility
Mini-budget 2022: pound crashes as chancellor cuts stamp duty and top rate of income tax – as it happened Tax cuts to cost Treasury around £37bn in 2023-24, official figures reveal
‘Tourists want to spend’: shoppers in London share views on the mini-budget High-end shopping districts could benefit from duty-free shopping and the scrapping of the 45% tax band
Kwarteng accused of reckless mini-budget for the rich as pound plummets Strategy of sweeping tax cuts gets hostile reception from markets and economic thinktanks, leaving some Tory MPs aghast
Liz Truss and Kwasi Kwarteng have made a declaration of class war This unofficial budget is morally indefensible, economically reckless and so risky it suggests a political death wish, says Guardian columnist Jonathan Freedland