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Sacha Lord has hit out at Chancellor Kwasi Kwarteng over the lack of support for hospitality businesses outlined in the latest mini-budget announcement. The Night Time Economy Advisor for Greater Manchester took to Twitter on Sunday afternoon (September 25) to warn the chancellor that hospitality businesses are 'already closing'.
The pound plunged to a record low against the US dollar early this morning (Monday September 26) after a raft of tax cuts announced by the Chancellor and higher interest rates knocked international confidence in the currency.
Mayor Andy Burnham has blasted the Conservative’s mini-budget a “flagrant act of vandalism on the social cohesion of this country”.
Money Saving Expert Martin Lewis has issued a message to anyone who is earning less than £50,000 per year. At a time where bills are skyrocketing and the poorest are being the worst hit, it's a much needed boost.
The Government is not concerned about the “politics of envy”, a Treasury minister said as its raft of tax cuts came under fire for disproportionately benefiting the rich.
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Greater Manchester's Conservative MPs have backed the mini-budget made by the chancellor, Kwasi Kwarteng, this morning, saying it will boost the region. Labour leaders were quick to criticise the speech made to the house of commons this morning which outlined help for family and businesses with soaring energy bills but cut swathes of taxes for the richest in society.
Chancellor Kwasi Kwarteng today announced a cut to stamp duty tax, but what does it mean for you?