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mini-budget of September 2022
URI:
https://gptkb.org/entity/mini-budget_of_September_2022
GPTKB entity
Statements (27)
Predicate
Object
gptkbp:instanceOf
fiscal event
gptkbp:abolishedTaxRate
45% additional rate of income tax
gptkbp:announced
gptkb:Kwasi_Kwarteng
23 September 2022
gptkbp:announcedUnderPrimeMinister
gptkb:Liz_Truss
gptkbp:country
gptkb:United_Kingdom
gptkbp:energyPriceGuarantee
yes
gptkbp:focus
economic growth
tax cuts
energy support measures
https://www.w3.org/2000/01/rdf-schema#label
mini-budget of September 2022
gptkbp:marketReaction
negative
gptkbp:nickname
Kami-Kwasi budget
gptkbp:officialName
The Growth Plan 2022
gptkbp:plannedCorporationTaxIncreaseCancelled
yes
gptkbp:response
widespread criticism
gptkbp:resultedIn
gptkb:military
Bank of England intervention
rise in government borrowing costs
dismissal of Kwasi Kwarteng as Chancellor
fall in value of pound sterling
reversal of most measures
gptkbp:reversedNationalInsuranceIncrease
yes
gptkbp:stampDutyCut
yes
gptkbp:successor
Jeremy Hunt's fiscal statement October 2022
gptkbp:bfsParent
gptkb:The_Fiscal_Crisis_of_the_United_Kingdom
gptkbp:bfsLayer
8