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Mini-budget: Kwasi Kwarteng set to unveil tax cuts and energy bills support – BBC News BreakingBreaking newsClose breaking news SummaryChancellor Kwasi Kwarteng is to outline tax cuts and energy bills support during a mini-budget laterMeasures could include stamp cutting duty for property purchases and scrapping A planned rise in corporation taxLiz Truss’s new government has already confirmed it will reverse an increase in National Insurance and introduce low-tax zonesKwarteng is also expected to end the cap on bankers’ bonusesThe government argues its policies will help boost economic growth, which has lagged behind other leadingBut critics already argue the measures are costly at a time when public debt is high and the cost of borrowing is risingLive ReportingRelated Stories
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