Article 641BQ Kwarteng: UK economy must expect more tax cuts and deregulation

Kwarteng: UK economy must expect more tax cuts and deregulation

by
Peter Walker Political correspondent
from World news | The Guardian on (#641BQ)

Chancellor says he and Liz Truss want to do what previous Tory governments deemed unthinkable

Liz Truss plans to radically reshape the UK economy with even more tax cuts and fewer regulations, her chancellor has said, declining to set a limit on how much public debt could be incurred in the process.

There's more to come," Kwasi Kwarteng told BBC One's Sunday with Laura Kuenssberg, two days after his unofficial budget delivered 45bn of tax cuts, mainly for the rich.

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