Kwasi Kwarteng will give his first Mini Budget speech tomorrow as chancellor, with widely trailed tax cuts expected to be the key feature.
Cuts to corporation tax, the scrapping of the increased National Insurance (NI) rate and a possible cut to stamp duty have all been discussed, along with removing the cap on bankers' bonuses imposed by the European Union. The chancellor could also confirm the government's commitment to the state pension triple lock and is likely to give more detail on the previously announced energy price cap, both for consumers and businesses. Ascot Lloyd IFA Gavin Foster said: "During the election campaign, Liz Truss positioned herself as a traditional, tax-cutting Conservative. We can expect the ch...
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