Kwasi Kwarteng: What a day! Chancellor admits fiscal plan caused 'a little turbulence' but vows to plough on with economic plan

Australia News News

Kwasi Kwarteng: What a day! Chancellor admits fiscal plan caused 'a little turbulence' but vows to plough on with economic plan
Australia Latest News,Australia Headlines
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Three stories: 🔴 Kwarteng admits fiscal plan caused 'a little turbulence' 🔴 'Significant risk' of UK gas supply emergency, energy regulator warns 🔴 Chechen leader to send teenage sons to fight in Ukraine

We heard the familiar refrain that this is a government that will"do things differently", that growth is the big priority, that tax cuts are the way forward.

The front bench will have to do more than just cheer loudly if they are going to convince those who think they are the party of the rich.It was an extraordinary context for a chancellor's conference speech. Labour MP Chris Bryant told Sky News he had"never heard such an uninspiring speech from a chancellor".

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in UK

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Liz Truss and Kwasi Kwarteng U-turn on scrapping 45p tax rateLiz Truss and Kwasi Kwarteng U-turn on scrapping 45p tax rateThe Prime Minister and Chancellor have backed down on the much-criticised move for the highest earners.
Read more »

Kwasi Kwarteng makes humiliating U-turn over 45p tax rate cut for higher earnersKwasi Kwarteng makes humiliating U-turn over 45p tax rate cut for higher earnersBREAKING: Liz Truss makes humiliating U-turn over 45p tax rate cut for the rich.
Read more »

Pound jumps as Kwasi Kwarteng scraps plan to abolish 45p top rate taxPound jumps as Kwasi Kwarteng scraps plan to abolish 45p top rate taxTHE pound has jumped against the dollar after the government announced a U-turn on the 45p top rate tax cut. Sterling hit $1.12 in early trading in Europe following the announcement. The Pound has …
Read more »

Kwasi Kwarteng statement in full as he confirms U-turn on 45p tax rate cutKwasi Kwarteng statement in full as he confirms U-turn on 45p tax rate cutOn Sunday, the prime minister told the BBC she was absolutely committed to it as part of a package to make the tax system 'simpler' and boost growth'
Read more »

Kwasi Kwarteng set to deliver conference speech after making U-turn over 45p tax rate cutKwasi Kwarteng set to deliver conference speech after making U-turn over 45p tax rate cutThe Chancellor will defend his decision to reverse the flagship announcement in his mini-Budget 10 days ago after a growing rebellion among Tory MPs
Read more »



Render Time: 2025-03-31 23:34:20