‘A budget for the rich’

New chancellor Kwasi Kwarteng’s mini-budget, announced today (September 23) was widely slammed as a handout for the wealthy amid a slew of unfunded tax cuts that disproportionately benefit the already well-off. Following a long-discredited ideology of ‘trickle down’ economics, Kwarteng announced a £45bn tax giveaway to the wealthiest and big businesses. Commenting on the announcements, […]

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‘Appalled and angry’

Unite has slammed the government for reportedly considering lifting the cap on bankers’ bonuses, after the plan was leaked to the Financial Times (FT) on Wednesday (September 14) night.   The FT reported that chancellor Kwasi Kwarteng, himself a former financial analyst for investment banks, is seeking to scrap the cap on bonuses — first […]

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