Kwasi Kwarteng mulls more beneficial tax cuts for high earners

Reports chancellor is considering further changes to taxation after mini-budget for the rich'

The government is considering a series of further tax cuts that could hand thousands of pounds to high earners, shortly after it announced the biggest giveaway in 50 years.

Plans under consideration could include bringing back a tax-free allowance for workers paid more than 100,000 a year, and lifting the amount pensioners can save before taxes kick in, the Sunday Telegraph reported.