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Saturday, 24 September 2022

The Chancellor and MP for Spelthorne, Kwasi Kwarteng, has denied he is gambling with the economy after his mini budget sent the pound plummeting.

Yesterday he announced a series of tax cuts – including scrapping the top rate of income tax for the highest earners.

He insists his policies are necessary to boost growth in the economy.

Labour says it’s wrong to cut taxes for the wealthy during a cost-of-living crisis.