Kwasi Kwarteng delivers sweeping cuts in latest mini-budget

Kwasi Kwarteng has delivered his first budget since being appointed to Liz Truss' cabinet. Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub 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 2023-24. Kwasi Kwarteng’s mini-budget: key points at a glance ► https://www.theguardian.com/uk-news/2022/sep/23/kwasi-kwarteng-mini-budget-key-points-at-a-glance Mini-budget 2022: chancellor Kwasi Kwarteng cuts stamp duty and top and basic rates of income tax – live ► https://www.theguardian.com/politics/live/2022/sep/23/mini-budget-2022-chancellor-kwasi-kwarteng-tax-cuts-live?filterKeyEvents=false&page=with:block-632d780a8f0891514fe7a826#block-632d780a8f0891514fe7a826 The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition Website ► https://www.theguardian.com Facebook ►https://www.facebook.com/theguardian Twitter ► https://twitter.com/guardian Instagram ► https://instagram.com/guardian The Guardian on YouTube: The Guardian ► https://bit.ly/guardiannewssubs Guardian Australia ► https://bit.ly/guardianaussubs Guardian Football ► https://bit.ly/gdnfootballsubs Guardian Sport ► https://bit.ly/gdnsportsubs Guardian Live ► https://bit.ly/guardianlivesubs #KwasiKwarteng #Budget #Economy #TaxCuts #LizTruss #TrussCabinet #UK