The new Chancellor, Mr Jeremy Hunt, has reversed “almost all” of the tax cuts in the mini-budget. So with Kwasi Kwarteng’s Mini Budget, followed swiftly by his U-turns on a couple of issues, and then Jeremy Hunt’s statement yesterday, you could be forgiven for being confused!! Below is a brief summary of what Mr Hunt…
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Oct
This morning, the Chancellor Kwasi Kwarteng announced that he would scrap his plan to abolish the 45% tax rate – so another U turn by the government. Pleased to hear that the 45% tax rate is no longer going to be scrapped, but all these U-turns do not inspire confidence! Let’s see what the medium…
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