The News Agents cover image

The Kwasi budget: Have we all just got poorer?

The News Agents

00:00

Introduction

We've just seen the biggest tax cutting budget, let us call it a budget for 50 years. It'll cost forty five billion pounds in tax cuts, an extra 72 billion pounds in government borrowing and national debt. In this financial year alone, if you earn a million pounds a year, you'll receive 55 thousand pounds in tax carts. A lot of rich people just got a hell of a lot richer. We are publishing our growth plan that sets out a new approach for this new era,. built around three central priorities: reforming the supply side of the economy, maintaining a responsible approach to public finance and cutting taxes to boost growth.

Play episode from 00:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app