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Half of Kwarteng’s cuts to personal tax will go to richest 5%, say experts

Thinktank says someone earning £1m will gain £40,000 as top rate, basic rate and national insurance reduced

Five ways Liz Truss has already ripped up the rulebook as Tory PM

New occupant of No 10 has wasted no time in distinguishing her administration from the past 12 years of Conservative government

Tory backbenchers despair at ‘toxic’ mini-budget

Divisions of leadership contest return to the fore as some MPs criticise extra borrowing to pay for tax cuts

Banks among biggest beneficiaries of Kwarteng’s mini-budget

From scrapping the cap on bonuses to slashing red tape, the chancellor unveils a raft of policies he says will boost economic growth

‘A budget for the 1%’: government accused of huge tax cut for super-wealthy

Kwasi Kwarteng’s measures benefit the rich at expense of struggling families, say critics

Kwarteng throws UK on sacrificial altar of Trussonomics where only bankers win

Chancellor maxes out with morally bankrupt budget that is anything but mini

Scottish and Welsh leaders say tax cuts for rich are ‘moral bankruptcy’

Nicola Sturgeon and Mark Drakeford criticise UK government over mini-budget that ‘embeds unfairness’

This ‘mini-budget’ is a naked exercise in redistributing wealth upwards

Kwarteng’s borrowing spree will have ugly economic consequences, says Michael Jacobs of Sheffield University

Pound falls below $1.09 for first time since 1985 following mini-budget

Sell-off as investors take fright at prospect of surge in government borrowing to cover huge tax cuts

A look back to 1972, the last time tax cuts so big were brought in

At the time of Anthony Barber’s ‘dash for growth’ budget, a pint of milk cost 6p, Nilsson was top of the charts and Brian Clough was in his heyday at Derby County

If you are poor, it’s time to ask yourself: have you thought of simply being rich?

Kwasi Kwarteng’s tax-slashing mini-budget is the latest masterstroke in Liz Truss’s quest ‘to be unpopular’, says Guardian columnist Marina Hyde

What does Kwarteng’s stamp duty cut mean for UK homebuyers?

As chancellor announces no tax to be paid on properties up to value of £250,000, we explain changes across UK

How the mini-budget’s tax changes could affect you

From income tax to stamp duty and national insurance, how Kwasi Kwarteng’s announcements could affect you

History suggests Kwarteng’s gargantuan economic gamble won’t end well

The belief that low taxes and light-touch regulation are good for everyone is about to be tested to the limits

British retailers welcome planned return of VAT-free shopping for tourists

Government to consult on long-called-for scheme which is likely to cost almost £1.3bn

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  • Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession
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  • Throwback to 2011: why it feels different to the last time interest rates were this high
  • US added just 29,000 jobs in September in sharp drop from last month’s gains
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