Mini-budget 2022: Kwasi Kwarteng’s ‘growth plan’ in seven bullet points 

The chancellor has insisted his changes will make the tax system ‘simpler and fairer’

Kwasi Kwarteng
Chancellor Kwasi Kwarteng has abolished the highest rate of tax and cut stamp duty
(Image credit: Rob Pinney/Getty Images)

In what he called a “fiscal event” – a Budget in all but name – Chancellor Kwasi Kwarteng this morning outlined a series of measures he believes will boost growth, including what he claims are the biggest tax cuts in a generation.

Here’s the chancellor’s growth plan explained in seven bullet points.

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Arion McNicoll is a freelance writer at The Week Digital and was previously the UK website’s editor. He has also held senior editorial roles at CNN, The Times and The Sunday Times. Along with his writing work, he co-hosts “Today in History with The Retrospectors”, Rethink Audio’s flagship daily podcast, and is a regular panellist (and occasional stand-in host) on “The Week Unwrapped”. He is also a judge for The Publisher Podcast Awards.