Chancellor of the Exchequer Kwasi Kwarteng said on Sunday that more tax cuts are on the way.
It comes after his tax-slashing mini-budget announcement on Friday was met with mixed reactions.
In the biggest tax cuts in 50 years, the Chancellor brought forward a planned cut to the basic rate of income tax from 20 pence in the pound to 19 pence a year early to April 2023 and reduced stamp duty for homebuyers.
He also canceled a planned hike in corporation tax and abolished the top rate of income tax (45 pence in the pound) for the highest earners—a five percent cut for earnings in excess of £150,000—effective from April next year as well….