Universal Credit warning to tens of thousands of people as government announces major change
The government has announced some major changes for people receiving Universal Credit.
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The government has announced some major changes for people receiving Universal Credit.
Chancellor Kwasi Kwarteng announced to the House of Commons today that the government will abolish the top rate of income tax.
Chancellor Kwasi Kwarteng will deliver a mini-budget statement today at 9.30am in the House of Commons.
Political leaders in Greater Manchester are in talks with the Government over a so-called low-tax 'Investment Zone', a concept set to be unveiled later today (Friday) as part of an emergency mini-budget.
Chancellor Kwasi Kwarteng will name Greater Manchester as one of 38 areas in line to get its own investment zone, in his mini-budget speech tomorrow (September 23) . The government hopes these new investment zones - specially chosen places where businesses will get tax cuts - will drive growth and the development of things like shopping centres, restaurants and office spaces.
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The government has announced a new energy bill relief scheme to cut bills for businesses, charities, and public sector organisations.
Prime minister Liz Truss and Chancellor Kwasi Kwarteng will deliver a 'mini budget' on Friday morning to set out the government's plans to tackle the soaring cost of living.