BREAKING: Martin Lewis’s dire warning that he’s ‘really worried’ if Tory plan doesn’t work.
He said this morning: ‘That really was quite a staggering statement from a Conservative party government. I really hope it works. I really worry what happens if it doesn’t.’
It comes after Chancellor Kwasi Kwarteng announced a line of new measures in a mini-budget meeting this morning. Mr Kwarteng said household energy bills would be frozen at £2,500 and a cap on bankers’ bonuses would be lifted, among other measures. He also announced stamp duty would be slashed, and that a rise in the price of wine and beer would be axed.Huge new borrowing at the same time as cutting taxes.
It’s all aimed at growing the economy. I really hope it works. I really worry what happens if it doesn’t.
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