Mini budget 2022: experts react to the new UK government's spending and tax-cut plans

Mini budget 2022: experts react to the new UK government's spending and tax-cut plans

Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement. Amid the worst cost of living crisis in a generation, Liz Truss’s government wants to boost growth and usher in “a new era” for Britain. It is …