Kwarteng’s first financial statement expected 23 September 2022

15 September 2022

Following a leadership battle filled with promises and pledges, Liz Truss’ chancellor, Kwasi Kwarteng, will deliver a mini budget on Friday 23 September 2022.

Parliament is due to resume normal business on Thursday 22 September, following the official mourning period and Queen’s state funeral.

The “fiscal event” is expected to bring news and plans for the following items:

  • reversal of the National Insurance increase
  • energy price caps and suspending the green levy on energy bills
  • scrapping the proposed corporation tax uplift
  • removing the bankers’ bonus cap.

The CIPP will post more information as it becomes available, keeping you up to date with the latest changes in the payroll profession.

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