The mini-budget’s maxi affect: what it means on your cash

UK Chancellor Kwasi Kwarteng’s mini-budget contains what he claims are the most important tax cuts in a technology. He’s hailing it as a brand new period for the UK financial system and a means of kick beginning progress, however what does this mini-budget imply on your pockets? Who positive aspects and who loses out? Host Claer Barret unpicks the main points with George Parker, the FT’s political editor, and Mary McDougall, the FT’s appearing tax correspondent.

Need extra?

A mini-budget for these on maxi incomes https://www.ft.com/content material/cdbf7a95-8ddf-48df-a9fc-8e40100caac7

Merchants wager on emergency UK rate of interest rise https://www.ft.com/content material/c7f815b6-e7f2-43d2-b160-b7b3182e63b4

Kwarteng’s ideological strategy will depart the Treasury with ‘no cash’ https://www.ft.com/content material/53709418-7ed6-4b10-b6b0-b2e2d5b77683

Kwasi Kwarteng vows to stay with tax cuts regardless of investor jitters https://www.ft.com/content material/5b9d1f87-dc78-4626-bb08-507561c6176a

Cash Clinic is eager to listen to from listeners and readers. If you want to get in contact, please e-mail us at cash@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok.

Offered by Claer Barrett. Produced by Persis Love and Philippa Goodrich. Our govt producer is Manuela Saragosa. Sound design is by Breen Turner, with unique music from Metaphor Music.

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