Ten Things You Need to Know Today: 23 September 2022

The Week’s daily digest of the news agenda, published at 8am

1. Kwarteng to announce tax cuts

Chancellor Kwasi Kwarteng is expected to announce tax cuts and more support for energy bills during a mini-budget later today. His measures could include cutting stamp duty for property purchases, scrapping a planned rise in corporation tax and the end of a cap on bankers’ bonuses. “We will be bold and unashamed in pursuing growth – even when that means taking difficult decisions,” Kwarteng will reportedly say. Indeed, said the FT, the mini-budget is “expected to draw criticism from several quarters”.

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