Economy
Chancellor announces sweeping tax cuts in first mini-budget
New measures announced today will include a ยฃ60bn energy relief package as well as a series of tax cuts, including a removal of the 45% higher rate of income tax.
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Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a ยฃ60bn energy support package as part of the new governmentโs first mini-budget.
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