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