Kwasi Kwarteng unveiled a package of tax cuts worth £45 billion as he set out his plan to boost economic growth.

The Chancellor stunned Westminster as he scrapped the 45 per cent additional rate of income tax - but that was just one of many major changes. He also:

1. Axed a planned increase to corporation tax
2. Cut National Insurance from November 6
3. Announced a permanent cut to stamp duty

Mr Kwarteng also lifted a cap on bankers' bonuses, brought forward a 1p cut to the basic rate of income tax by one year to 2023 and confirmed energy bills will be frozen at £2,500.

Read the full article: [ Ссылка ]

Subscribe to The Telegraph with our special offer: just £1 for 3 months. Start your free trial now:
[ Ссылка ]

Get the latest headlines: [ Ссылка ]

Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.

свернуть