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“A budget for the rich” is the Guardian’s damning headline. Mr Kwarteng announced more than $400bn of extra borrowing over the coming years, the paper adds, as it describes the chancellor’s package as the “biggest giveaway since Anthony Barber’s ill-fated 1972 budget”. Some Labour MPs have described the plans as a “class war”. Paul Johnson, director of the Institute for Fiscal Studies, said: “Mr Kwarteng is not just gambling on a new strategy, he is betting the house.”

Guardian Front Page 27th of March 2025

Concerns are being raised over new fiscal measures that, according to official figures, could leave roughly three million households worse off, sparking debate about whether the pursuit of budget targets is overshadowing support for lower-income families.

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Guardian Front Page 26th of March 2025

In the upcoming statement, the Chancellor is set to confirm welfare changes and a defence spending boost, while addressing concerns over higher taxes as part of an effort to secure Britain’s future, with some experts warning that these steps may not fully prevent further economic pressures.

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