The "mini" budget: did the rich just get richer?
Podcast |
Sky News Daily
Publisher |
Sky News
Media Type |
audio
Podknife tags |
Great Britain
News & Politics
Categories Via RSS |
News
Publication Date |
Sep 23, 2022
Episode Duration |
00:25:39
Some called it a "mini budget", the government preferred to use the term "growth plan". As the UK faces a winter amidst a cost of living crisis, the new chancellor Kwasi Kwarteng revealed his proposals for encouraging economic growth. In the biggest tax-cutting announcement since 1972, he abolished the top rate of income tax and brought forward a reduction to the basic rate. He also ended the cap on bankers' bonuses. On the Sky News Daily, Niall Paterson investigates who'll be the biggest winners with Sky News' economics and data editor Ed Conway.Producer: Emma Rae WoodhouseEditor: Paul Stanworth

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