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