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Chancellor Kwasi Kwarteng’s massive wave of tax cuts – the biggest package in 50 years – dominates Saturday’s papers. Sterling fell below $1.09 for the first time since 1985 “as markets take fright at huge surge in borrowing” to pay for the cuts, i weekend reports. The paper describes markets’ reactions as a “punishing early verdict” on the chancellor’s plans. The 45p top rate of income tax has been scrapped and the basic rate will fall to 19p in April.

i Front Page 3rd of April 2025

A sweeping set of reciprocal tariffs threatens to cost global markets up to $1 trillion, putting UK jobs and wages at risk and prompting The PM to seek alternative strategies for economic stability.

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i Front Page 1st of April 2025

The PM’s deputy has defended proposals to expand sick pay, end zero-hours contracts and raise National Living Wage thresholds, arguing these changes will boost growth and support those on lower incomes despite objections from businesses.

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