Truss believes in a simple idea... work harder to get richer
Daily Express|September 24, 2022
'Truss has the single-mindedness to do what she says she will do'
Patrick O'Flynn
Truss believes in a simple idea... work harder to get richer

THERE "mini" called unveiled Chancellor Kwarteng was nothing about the somini-Budget by the new Kwasi yesterday. Kwarteng and Prime Minister Liz Truss have just exploded a big bazooka across the battleground of British politics. Last month critics were claiming that the country was drifting, with no policies forthcoming to tackle the energy crisis despite the threat of recession looming ever-larger.

Nobody can make that criticism now. Not only has Kwarteng delivered families an average of £1,400 each in energy bill subsidies - and come up with an equally radical package for business - but he has also served up tax cuts worth tens of billions.

At times in his Commons statement, it seemed like there was barely a high-profile tax that wasn't being cut, despite Government borrowing running at worryingly high levels. There were big reductions in stamp duty and national insurance, the scrapping of planned rises in corporation tax pencilled in by Rishi Sunak - remember him? - and a promised cut to the standard rate of income tax next year too.

This story is from the September 24, 2022 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the September 24, 2022 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM DAILY EXPRESSView All
Clamour grows for Kid Kobbie to be main man
Daily Express

Clamour grows for Kid Kobbie to be main man

ENGLAND manager Gareth Southgate is facing growing calls to pick Kobbie Mainoo for Euro 2024.

time-read
2 mins  |
March 28, 2024
Red-carded Reid is fined for vile rant at official
Daily Express

Red-carded Reid is fined for vile rant at official

STEVEN REID escaped with a £5,000 fine and two-game touchline ban, despite the Nottingham Forest coach’s extraordinary foul-mouthed outburst at a referee.

time-read
2 mins  |
March 28, 2024
GARETH HAS MUCH TO PONDER
Daily Express

GARETH HAS MUCH TO PONDER

Choosing squad is toughest job of all

time-read
2 mins  |
March 28, 2024
'We've not hit the heights of 2017 but it can happen again'
Daily Express

'We've not hit the heights of 2017 but it can happen again'

FINAL SURVIVOR MCSHANE IS BACK TO BOOST CASTLEFORD

time-read
2 mins  |
March 28, 2024
Friends reunited
Daily Express

Friends reunited

FRANKIE DETTORI and John Gosden were reunited at Meydan ahead of Saturday’s Dubai World Cup fixture.

time-read
1 min  |
March 28, 2024
Police review handling of Rayner home sale claims after Tory MP complains
Daily Express

Police review handling of Rayner home sale claims after Tory MP complains

POLICE are looking into how it investigated claims Angela Rayner broke electoral law in a house sale row.

time-read
1 min  |
March 28, 2024
'If assisted dying were an option, he would have wanted it...'
Daily Express

'If assisted dying were an option, he would have wanted it...'

Ex-nurse backs law change after seeing husband suffer

time-read
1 min  |
March 28, 2024
£80k for couple whose Arctic trip was sunk...by the cold
Daily Express

£80k for couple whose Arctic trip was sunk...by the cold

Globe-trotting pensioners win court fight over holiday

time-read
1 min  |
March 28, 2024
First bridge dead named
Daily Express

First bridge dead named

SHIP CRASH PILOT'S DESPERATE BID TO SAVE LIVES

time-read
1 min  |
March 28, 2024
Children in Gaza playing among '5,000 unexploded bombs' warns British expert
Daily Express

Children in Gaza playing among '5,000 unexploded bombs' warns British expert

AN ex-Army specialist sent to Gaza to help locate unexploded bombs has called for an immediate ceasefire, saying children are playing among 5,000 devices left in the ruins.

time-read
2 mins  |
March 28, 2024