Keir Starmer: Labour would reverse cut to top income tax rate
Scrapping the 45% rate is the “wrong choice” during a cost-of living crisis, the Labour leader says. Source link
Electric car charging costs nearing petrol prices for some – RAC
“For those that have already made the switch to an electric car or are thinking of doing so, it remains the case that charging away from home costs less than refuelling a petrol or diesel car, but these figures show that the gap is narrowing as a result of the enormous increases in the cost […]
Kwasi Kwarteng: I want to keep cutting taxes
Tax cuts will help to boost growth, says chancellor, as government also looks at relaxing immigration. Source link
Kwasi Kwarteng's tax cuts benefit top 1%, Labour says
The government is taking a dangerous gamble, Angela Rayner says, but ministers argue tax cuts will get the economy growing. Source link
Goldman Sachs: Sexual assault claims revealed in pay bias suit
“The plaintiffs’ presentation of the complaints does not reflect reality at Goldman Sachs,” a spokesperson said. “Discrimination, harassment and mistreatment in any form are unacceptable at Goldman Sachs, and when identified, swift action, including termination, is taken. Out of respect for the persons involved, we are not going to comment on the individual complaints.” Source […]
'We'll be lucky to keep our heads above water'
The BBC talked to households and businesses to get their reactions to the mini-budget. Source link
Mini-budget: What it means for you and your finances
Chancellor Kwasi Kwarteng has delivered what the government calls a “fiscal event”. Here is how it affects you. Source link
Pound sinks as markets react to mini-budget
The government had to tell the markets that it needed to borrow an extra £72bn this year, but did not publish the numbers behind that. Interest rates charged for British debt hit 4%, having been 3.1% earlier this week, and 1.8% at the beginning of the leadership contest with Rishi Sunak. Source link
Income tax to be cut by 1p from April
“It really is that kind of rabbit out of the hat at the end, that not only is the additional rate going to be completely abolished, but also the cuts to the basic rate of income tax are going to be brought forward a year,” said Michael Brown, head of market intelligence at finance firm […]
Chancellor Kwasi Kwarteng hails 'new era' as he unveils tax cuts
Kwasi Kwarteng announces the biggest tax cuts since 1972 in a significant change of economic policy. Source link