Kwasi Kwarteng, the new chancellor, has delivered his Growth Plan for 2022/23. His overarching ambition is to release the potential in the British economy. He and the new PM put plans in place to tackle high-energy costs whilst also delivering higher productivity and wages. It is the largest package of tax cuts in generations. Together, they hope that it will usher in a ‘new era’ of prosperity and growth for the UK.
And all of this whilst in the grips of a cost-of-living crisis that has left millions of households struggling to pay their bills and worried about increasing mortgage payments and household costs.
What will it mean for you? For an understandable review of the changes, download our guide today.