![What to expect from Kwasi Kwarteng’s mini-Budget announcement today What to expect from Kwasi Kwarteng’s mini-Budget announcement today](https://dl6pgk4f88hky.cloudfront.net/2022/09/52343132111_4a1a3314df_o-464x348.jpg)
What to expect from Kwasi Kwarteng’s mini-Budget announcement today
Each policy is likely to be justified in terms of one aim: economic growth.
ByNew Times,
New Thinking.
Read all the New Statesman’s comment and analysis on the Tax. For related content, go to our Bank of England and Interest rates section pages.
Each policy is likely to be justified in terms of one aim: economic growth.
ByEnthusiasm is growing in Britain for higher taxes and spending on public services, and redistribution of wealth.
ByFifty two per cent of voters support higher taxes and public spending, and just 6 per cent want them cut.
ByAt the heart of Trussonomics is a belief in cutting taxes to achieve growth. But markets aren’t so sure.
ByThere are already doubts among Tory MPs about the viability of the plans.
ByThe Prime Minister and the President will hold a bilateral meeting while in New York for the UN General Assembly.
ByThe Tory front-runner’s proposal would save the poorest tenth of households just 76p per month.
ByThere is no reason to believe that Liz Truss's tax policy would pay for itself or reduce inflation.
ByUnder craven, venal, populist leaders, countries can lose their way frighteningly fast. Just ask the Romans.
ByThe more the former chancellor moves into Truss’s space on tax cuts, the more credibility he loses.
ByThe lawyer Dan Neidle reflects on how Nadhim Zahawi’s solicitors sought to shut down his inquiries.
ByThe former chancellor’s pledge to cut VAT on energy bills shows he is dancing to Liz Truss’s tune.
ByThe climate emergency can no longer be dismissed by politicians – even if some voters don’t regard it as a…
ByLeadership contenders forget the Tories were voted in on that condition.
ByConservative leadership candidates have promised to slash tax but have neglected to discuss funding for the NHS, schools and social…
BySince 1980 wealth in the UK has risen by 174 per cent but wealth tax revenue has risen by just…
ByRather than advancing a new vision for the country, the Tory candidates are taking refuge in outdated orthodoxies.
ByToday’s leadership contenders barely mention the thing that dominated British politics for a decade.
ByConservative contenders are forgetting that the government stimulates the economy by spending.
ByThe proposal by Tory leadership candidates would leave the UK with the lowest corporate tax rate in the G20.
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