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Tax cuts, bankers bonuses and energy bills: Eight key announcements Kwasi Kwarteng made in today's mini-budget

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The chancellor has this morning set out the government's plan to 'solve the riddle of growth' and to help people with the cost-of-living crisis with widespread tax cuts for the highest earners in a 'new era'.

Kwasi Kwarteng delivered the government's mini budget to the House of Commons as he announced expected caps to rising energy bills and lifting the cap on bankers bonuses.

Here are some of the major points from the mini-budget. Energy prices The Chancellor began by insisting “help is coming” for people with their energy bills.

He said the energy price guarantee will limit the unit price that consumers pay for electricity and gas, saying: “This means that for the next two years, the typical annual household bill will be £2,500.

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