Kwarteng to deliver UK's emergency mini-budget on 23 September

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Kwarteng to deliver UK's emergency mini-budget on 23 September

<p>Kwasi Kwarteng will deliver his emergency mini-budget to bring in winter tax cuts for millions of people and set out more detail on energy support next Friday, according to sources. </p><p>as reported by the <a href="https://www.theguardian.com/uk-news/2022/sep/15/kwasi-kwarteng-to-deliver-emergency-mini-budget-on-23-september" target="_blank" rel="nofollow">Guardian</a></p><p>In the mini-budget, the government is expected to confirm plans to reverse the recent rise in national insurance, even though it benefits higher earners the most, handing back about £1,800 a year to top earners while the lowest earners get about £7 a year.</p><p>The interesting issue here is that the BoE won't have this to react to, as the BoE rate announcement is the day before on the 22ns Sept</p><p>GBP</p>

                This article was written by Ryan Paisey at forexlive.com.

Source: Kwarteng to deliver UK's emergency mini-budget on 23 September

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