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Last 50 tweets from @KwasiKwarteng
This weekend is #SmallBusinessSaturday!

Spelthorne is lucky to have a thriving small business community, and you can support them on Saturday by:

🛒Shopping local
📱Following them on social media
✏️Leaving them a review
 
Yesterday, I attended the Remembrance Service at All Saints Church in Laleham. It was an honour to join Reverend Andy Saville and his parish to commemorate and reflect on those who have defended our country and made the ultimate sacrifice for our freedom.

We will remember them.
 
 
The Bill to cancel the Health & Social Care Levy has just concluded its passage through the @HouseofCommons.

We’re cutting tax for businesses and people across the country from 6 November.

All part of our Growth Plan.
 
Kwasi Kwarteng Retweeted ·  
Chancellor @KwasiKwarteng has announced that the Medium-Term Fiscal Plan will be published on 31 October & an @OBR_UK forecast has been commissioned for that date.
 
Kwasi Kwarteng Retweeted ·  
💬 We need to get Britain moving. We are the only party with the determination to deliver.

@TrussLiz 👇

#GetBritainMoving | #CPC22
 
Kwasi Kwarteng Retweeted ·  
Update on Bank of England gilt purchasing: Since the Bank began using their reserves to purchase long-dated UK Government bonds on 28 September, the Bank has purchased a total of less than £4bn, helping restore orderly market conditions.
 
Kwasi Kwarteng Retweeted ·  
Higher growth, higher wages, lower taxes.

@KwasiKwarteng 👇

#GetBritainMoving | #CPC22
 
We get it, and we have listened.
 
Kwasi Kwarteng Retweeted ·  
🇬🇧 We are building a high-growth, low-tax economy where you keep more of what you earn

#CPC22
 
Kwasi Kwarteng Retweeted ·  
Great answer by @trussliz to @bbclaurak on the 45p rate. We should do what’s right to grow the economy and have the simplest, most competitive tax code we can. Rather obsess over the “optics”, let’s focus on policies which strengthen the country.
 
Kwasi Kwarteng Retweeted ·  
⚡️ Only my growth plan will reverse Britain’s managed decline, says Liz Truss

twitter.com/i/events/15763…
 
Kwasi Kwarteng Retweeted ·  
I know people across the country are worried about their energy bills, which is why we have acted quickly to help.

Our Energy Price Guarantee, coming into force today, means a typical family will pay around £2,500 for their energy, saving £1,000 per year, this winter and next.
 
From today, we are limiting the amount suppliers can charge for gas and electricity.

Remember: we were heading for £6,500 annual energy bills next year.

Now, we are holding bills down at an annual average of £2,500 - and keeping the £400 discount.

telegraph.co.uk/politics/2022/…
Replying to @KwasiKwarteng
More information about the Energy Price Guarantee - and other support available helpforhouseholds.campaign.gov.uk/help-with-your…
 
From today, we are limiting the amount suppliers can charge for gas and electricity.

Remember: we were heading for £6,500 annual energy bills next year.

Now, we are holding bills down at an annual average of £2,500 - and keeping the £400 discount.

telegraph.co.uk/politics/2022/…
 
 
Kwasi Kwarteng Retweeted ·  
Kwasi makes a powerful case for why radical action on the economy was needed. There was no option. I’m with @KwasiKwarteng telegraph.co.uk/politics/2022/…
 
Kwasi Kwarteng Retweeted ·  
Chancellor @KwasiKwarteng - “There is no doubt this was an expensive intervention, but doing nothing was not an option
Not all the measures we announced will be universally popular, but we had to do something different”

📰 markshar.es/5j9-2v
 
Kwasi Kwarteng Retweeted ·  
✍️ 'Entire livelihoods were on the line. Make no mistake, this was a very real prospect for our country. No government with any conscience would ever let that happen,' writes @KwasiKwarteng.

'We had to act, and we did' telegraph.co.uk/politics/2022/…
 
Kwasi Kwarteng Retweeted ·  
"Without growth we won't be able to generate the income & the tax revenue to pay for the public services we want to see".

Chancellor @KwasiKwarteng spoke today about the importance of growth, and how the Growth Plan will help us deliver opportunities for people across the UK.
 
Kwasi Kwarteng Retweeted ·  
Chancellor @KwasiKwarteng met with members of the financial services sector.

He reiterated the government's commitment to fiscal sustainability & how the Medium-Term Fiscal plan, to be published 23 Nov, will set out a fully costed plan to get debt falling in the medium-term.
 
Kwasi Kwarteng Retweeted ·  
Our Growth Plan delivers vital reforms to:

✅ Get Britain building
✅ Attract investment
✅ Grow the economy

Read more: gov.uk/government/new…
 
Kwasi Kwarteng Retweeted ·  
Chancellor @KwasiKwarteng met asset management & insurance firms where he reiterated the Government's commitment to fiscal sustainability.

Next month, he will set out a package of regulatory reforms for the UK’s financial services sector to drive growth & incentivise investment.
 
Kwasi Kwarteng Retweeted ·  
Chancellor @KwasiKwarteng has set out how the Growth Plan will be delivered.

Our supply side reforms will be outlined from October, the Medium-Term Fiscal Plan will be published on 23 November & an @OBR_UK forecast has been commissioned for that date.

gov.uk/government/new…
 
We have to act in the short-term to support households and businesses through the energy shock - just as we did during the pandemic.

The UK has the second lowest ratio of public debt to GDP in the G7. We are committed to getting debt to GDP down over the medium-term.
 
We were faced with the possibility that energy bills could have reached £6,500 next year. We were never going to let that happen.

I spoke to @bbclaurak about the Energy Guarantee & how from 1 Oct we're limiting the price customers can be charged per unit of gas or electricity.
 
Kwasi Kwarteng Retweeted ·  
Very important point from @KwasiKwarteng - the UK’s level of debt is the second lowest in the G7. Critics of his approach too often don’t look at what’s happening elsewhere in response to extraordinary shocks of Covid & Putin’s invasion of Ukraine.
 
I just spoke to @bbclaurak about the government's Growth Plan & how Prime Minister @trussliz and I are committed to economic growth - leading to:

✅ More jobs
✅ Higher pay
✅ More money for public services

Watch below to find out more 👇
 
Kwasi Kwarteng Retweeted ·  
Kwarteng: A “Perverse Argument” to Expect Growth from Higher Taxes order-order.com/2022/09/25/kwa…
 
Kwasi Kwarteng Retweeted ·  
The Chancellor “laid out a clear-eyed vision for how we unlock the huge – and untapped – potential that exists in the UK. At the heart of this strategy are new Investment Zones.”

My piece in @yorkshirepost about growth and levelling up 👇🏻

yorkshirepost.co.uk/news/opinion/c…
 
Kwasi Kwarteng Retweeted ·  
NIESR: "We now forecast that the energy support guarantee, together with the tax cuts announced today, will lead to positive GDP growth in the fourth quarter of this year, shortening the recession and raising annual GDP growth to around 2% over 23-24."
niesr.ac.uk/publications/i… 🧐
 
Kwasi Kwarteng Retweeted ·  
Investment Zones are a fantastic opportunity to unlock growth and opportunity and to level up life chances across our country. So pleased with the response from councils and MPs alike to yesterday’s announcement.

express.co.uk/comment/expres…
 
A Labour tax hike for millions
Angela Rayner says Labour would reverse the income tax cut (from 20% to 19%) if they get into No10 #today
 
Kwasi Kwarteng Retweeted ·  
Growth is key to delivering more jobs, higher pay and more money to fund public services, like schools and the NHS.

Our Growth Plan sets out how we are going to rebuild our economy and deliver for the British people.
 
Kwasi Kwarteng Retweeted ·  
From 1 October, the typical UK household can expect to pay no more than £2,500 a year on their energy bills.

Analysts suggested annual energy bills would hit £6,500 next year.

We were never going to let that happen.

Watch below 👇
 
Kwasi Kwarteng Retweeted ·  
Rightmove:

"Raising the threshold to £250,000 means that a third of all homes currently for sale (33%) are now completely exempt from stamp duty in England (up from 7% when the threshold was £125,000)"

🏘️🤑
 
Kwasi Kwarteng Retweeted ·  
The UK tax burden is at the highest level since the 1940's. This disincentivises hard work, investment & job creation.

To tackle this, earlier today Chancellor @KwasiKwarteng & Prime Minister @trussliz announced a series of tax cuts to get the UK moving once more.
 
Kwasi Kwarteng Retweeted ·  
Economic growth isn't some academic term with no connection to the real world - it means more jobs, higher pay and more money for the public services we all use.

Hear more from Chancellor @KwasiKwarteng as he sets out this government's plan for growth 👇
 
Our Growth Plan today puts more money back into the pockets of businesses and families.

Income Tax CUT
Stamp Duty CUT
National Insurance CUT
Business Taxes CUT
Additional Rate ABOLISHED
Alcohol Duty FROZEN

👉🏾 gov.uk/government/pub…
 
Kwasi Kwarteng Retweeted ·  
Not to blow trumpet, but:

- Cancelling CT rise ✅
- Unapologetically pro-business agenda ✅
- Stamp duty ✅
- Opportunity Zones ✅
- Reversing NI rise ✅
- Childcare reform ✅
- Action on energy ✅

All they need is capital allowances and it’ll be a @CPSThinkTank full house…
 
Kwasi Kwarteng Retweeted ·  
Off to a flying start: the Chancellor's mini Budget delivers some pro-small business measures including: NICs reversal; scrapping of corporation tax increase, IR35 and proposed alcohol duty.

Read our full reaction 👇 fsb.org.uk/resources-page…
 
Kwasi Kwarteng Retweeted ·  
✂️ Lower taxes.
📊 A growing economy.
📈 Higher wages.

That is the Conservative Plan for Growth.
 
 
Kwasi Kwarteng Retweeted ·  
The Chancellor @KwasiKwarteng and I know what a great country this is.

Our Growth Plan will unleash our potential and deliver better jobs, more funding for public services and higher wages for the British people.

The action starts now. 🇬🇧
 
I can confirm that this year’s 1.25% point rise in National Insurance will be reversed on 6th November.

Its replacement - the Health and Social Care Levy planned for April 23 - will be cancelled.

A tax cut for workers. More cash for businesses to invest, employ and grow. pic.twitter.com/qssnBaNywK
Replying to @KwasiKwarteng
More information on today's Bill 👇🏾 gov.uk/government/new…
 
I can confirm that this year’s 1.25% point rise in National Insurance will be reversed on 6th November.

Its replacement - the Health and Social Care Levy planned for April 23 - will be cancelled.

A tax cut for workers. More cash for businesses to invest, employ and grow.
 
Today, we’re stepping in to protect businesses, charities and public sector organisations from record high gas prices.

Just as we’re doing for consumers, this new scheme will keep energy bills down from October to provide additional peace of mind.

gov.uk/government/new…
 
An honour to speak at the #TheirLegacyOurFuture event at @HolocaustUK this evening.

The Holocaust Educational Trust plays a pivotal role in educating young people about the Holocaust, and helps motivate future generations to speak out against intolerances in society.
 
👇🏾
On Friday 23rd September, subject to the agreement of the House of Commons, Chancellor @KwasiKwarteng will unveil the Growth Plan to Parliament. pic.twitter.com/LDj1jkS9Rq
 
Kwasi Kwarteng Retweeted ·  
We're sharing some important information about the Energy Price Guarantee.

The October price cap set by @ofgem was due to be £3,550 for an average household. Under the Energy Price Guarantee, it will now be £2,500.

Check our factsheet for more: bit.ly/3LioZLk
 
 
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