Podcast

The mini-budget - did the rich just get richer?

Friday 23 September 2022 16:07, UK

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Some called it a "mini budget", the government preferred to use the term "growth plan". As the UK faces a winter amidst a cost of living crisis, new Chancellor Kwasi Kwarteng revealed his proposals for encouraging economic growth.

In what is said to be the biggest tax-cutting announcement since 1972, he abolished the top rate of income tax and brought forward a reduction to the basic rate. He also ended the cap on bankers' bonuses.

On the Paste BN Daily, Niall Paterson investigates who'll be the biggest winners with Paste BN' economics and data editor Ed Conway.

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Producer: Emma Rae Woodhouse
Editor: Paul Stanworth

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