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On Friday, Chancellor Kwasi Kwarteng delivered what was billed as a Mini Budget, but there was nothing mini about it. In the face of inflation hitting multi-decade highs and having already announced an energy bill bailout for households and businesses estimated to cost £60 billion through to April alone, Kwarteng unveiled the largest tax cutting budget since 1972, permanently reducing revenues by £45 billion in a bid to improve the UK’s growth prospects

In the aftermath, our experts examine the Chancellor’s statement and its implications in greater depth, as well as the political and economic implications for the business community. 

Partner Kiran Horwich chairs a discussion with Partner Tim Pitt (former Special Adviser to Chancellors Sajid Javid and Philip Hammond, and previously to Liz Truss) and Specialist Partner Giles Wilkes (former Business and Economy Adviser to Prime Minister Theresa May in No10).