Tax Cut

Investors soundly rejected the new economic plan, dubbed “Trussonomics” in reference to Reaganomics, the supply-side economic policies passed under Ronald Reagan in the 1980s.

Chancellor Kwasi Kwarteng stuns both sides of the Commons with his mini-budget on 23 September.

Senior MPs believe Kwasi Kwarteng may make a ‘rabbit out of the hat’ announcement on the cost of living crisis.