Article 63YZC Five charts that will underpin chancellor’s mini-budget

Five charts that will underpin chancellor’s mini-budget

by
Richard Partington Economics correspondent
from on (#63YZC)

From soaring inflation and gas prices to tax take and national debt, these are the trend lines that frame Kwasi Kwarteng's calculations

Kwasi Kwarteng will announce the details of his mini-budget on Friday with Britain already in a recession. In only his third week in the job, the chancellor is expected to announce sweeping tax cuts and further details on the government's energy price freeze, in an emergency support package worth more than 150bn.

It comes after the Bank of England reported that Britain's economy fell into recession earlier this year amid the cost of living crisis. Here are the five key charts that will underpin the chancellor's statement.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments