Chancellor Kwasi Kwarteng To Set Out Debt Plan Early
Chancellor Kwasi Kwarteng To Set Out Debt Plan Early

Chancellor Kwasi Kwarteng To Set Out Debt Plan Early

Prashant Trivedi

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Chancellor Kwasi Kwarteng will set out his plan to get UK debt falling earlier than planned after markets reacted badly to his package of tax cuts. <br />Mr. Kwarteng said he wanted to move forward with no distractions. <br />Prime Minister Liz Truss says that abolishing the top rate of tax was only a tiny part of the plan for economic growth. <br />Mr Kwarteng acknowledged the turbulence caused by his mini-budget, which saw the pound's value plummet, borrowing costs soar, and the Bank of England bail out pension funds.

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