The Chancellor of the Exchequer, Kwasi Kwarteng, has delivered his 2022 mini-budget in an attempt to address concerns surrounding the ongoing cost of living crisis.
While significant tax cuts were already predicted ahead of the crucial economic update, many people across the country may have been surprised by the sheer extent of measures announced by the chancellor across the board.
Energy
Addressing the subjects on everyone’s mind early on, Kwarteng stated that the annual price of energy for UK households will now be limited to £2,500, resulting in savings of around £1,000 against the projected figures following the most recent energy cap.
He also confirmed that the £400 energy discount is still in place, with the most vulnerable homes receiving even more in government support. Some are less than convinced that any real ‘savings’ will be made.
Kwarteng says a typical energy bill of 2,500 this year is a SAVING of £1,000.
Earlier this week, the government announced that they would be halving energy bills for businesses over the next six months. Today he confirmed that a relief scheme will be put in place, as well as an “energy market finance scheme” which will offer liquidity to traders.
ADVERTISEMENT
Similar relief will be afforded to schools and charities.
Lending and inflation
The hope is that this overall energy plan will reduce inflation, which currently sits at 9.9% based on August’s figures, to 5% and see the trending rate of annual financial growth to 2.5%.
ADVERTISEMENT
Not only does the government believes this will lower the wider cost of living pressures but also free up finances to help better fund public services.
The overall energy relief package is said to be costing approximately £60 billion, meaning a significant amount will have to be borrowed from the Bank of England.
Bankers’ bonuses cap and corporation tax hike scrapped
On the subject of banks, one of the most controversial parts of the Kwasi Kwarteng’s update was the announcement that the cap on bankers’ bonuses will be scrapped entirely, arguing that previous measures only led to higher wages and people paying tax in other countries outside of the UK.
ADVERTISEMENT
Next year’s scheduled corporation tax increase from 19% to 25% is also going to be scrapped, the rationale being that “low tax encourages investment” both domestically and from overseas.
Once again, people are less than impressed that the nation’s highest-earners appear to be the ones benefiting the most from government policy.
This is a Bankers’ Budget:
– Scrapping the cap on bonuses – Slashing tax for the top 1% of earners – Cutting tax on big businesses' profits
When millions urgently need help with the cost-of-living crisis, the Tories are helping out their super-rich mates.#EnoughIsEnough
The chancellor also said that the government are committed to removing further enterprise barriers caused by EU regulation, hoping to streamline “planning restrictions” across childcare, immigration, agricultural productivity, and digital infrastructure.
He sighted energy, telecoms and travel as key problem areas hamstrung by red tape.
However, he conversely criticised the ongoing strike action across the country and said that they plan to imitate other countries by introducing legislation to ensure minimum level service resumes.
ADVERTISEMENT
Tax cuts
Elsewhere, businesses in nearly 40 different ‘designated zones’ have been promised tax cuts for the next 10 years and no stamp duty on new premises. Speaking of which, as of today, no payment will be required on the first £250,000 of a property’s value, with first-time buyers paying zero on the first £425,000.
In fact, it looks as though the overall tax system is set to be reviewed once again. Not only are previous corporation tax and stamp duty plans being scrapped but income tax, alcohol duty and more are all being reexamined as part of the not-so mini-budget.
Alcohol duty is set to be frozen in February, meaning that Brits can expect to save around 7p per pint, 38p per bottle of wine and £1.35 on spirits. VAT-free shopping is also due to be introduced for overseas visitors, with aim of increasing revenue from tourism.
Kwarteng also confirmed that the basic rate of income tax will be cut by 1p to 19p from April 2023, with the 45p tax rate for those earning over £150,000 will be abolished from the same time next year.
This is said to be the biggest series of tax cuts in 50 years.
ADVERTISEMENT
£45 billion of tax cuts. This is biggest tax cutting event since 1972. Barber's "dash for growth" then ended in disaster. That Budget is now known as the worst of modern times. Genuinely, I hope this one works very much better.
Despite the ‘real’ living wage being increased by 10% in an attempt to try and curb rising costs in almost every other walk of life, it goes without saying that the UK faces an extremely difficult period ahead as energy costs continue to rise, post-Brexit prices keep rising and we approach the ever expensive winter months.
The shadow chancellor Rachel Reeves told the Financial Times that regardless of the measures announced today, both the mini-budget and Liz Truss’ appointment as Prime Minister represents “another zigzag on a path of policy failure” rather than any real sign of change.
You can get FREE food and more at Tesco Christmas Markets across Greater Manchester
Thomas Melia
Tesco Christmas Markets are back and heading to even more Greater Manchester locations where you can try lots of festive items all for FREE.
If you missed it last year, then don’t worry, as Tesco has brought back its much-loved Christmas Markets and the stalls are visiting more locations across the UK than ever before.
We’ve got you covered with all the dates and locations these freebie-filled Christmas Markets are visiting to make sure you don’t catch a case of festive FOMO.
Tesco Christmas Markets will be filled with all your favourite brands you usually fill up your trolley with from the likes of Costa, McCain, Celebrations and more.
And of course, it wouldn’t be a Tesco-led celebration without its own Finest range making an appearance across select Greater Manchester locations.
Expect to sample Tesco Finest Scallop and King Prawn Toast, Tesco Finest Stratford Blue with Fig Conserve and sweet treat staple, Tesco Finest Brandy Butter Mince Pies.
The best-loved brands mentioned before will be offering samples like smooth and creamy cups of Chocomel, or caramel-infused Nutcracker Spectacular drinks thanks to coffee shop chain Costa too.
In terms of food, McCain are letting you crunch down on its latest crisp range Vibes, Celebrations is treating you to its chocolate collection and biscuit varities from Bahlsen.
Tesco Christmas Markets are visiting major Greater Manchester locations giving out lots of FREE food / Credit: Press Shots (via Supplied)
Feeling merry and bright? Alcoholic drink brands 1664 is bringing out its blue bottles, Three Barrels for its XO and VSOP brandies as well as the coffee-infused liquer Drambuie.
If you’re after something to warm up your winter’s day, Costa is also letting you try some of its Home-made Barista style coffees and coffee pod masterminds Tassimo are offering samples of its Cadbury, L’Or, Kenco ranges and more.
Finally, if that wasn’t enough for you, why not clear your palette with a Christmas creation courtesy of teapigs and its caffeine-free peppermint leaves, yum.
Here’s all the important dates and locations for Tesco Christmas Markets 2025 schedule for Greater Manchester and wider regions:
Fri 14 November – Glossop Superstore, SK13 8HB
Sat 15 November – Hattersley Extra in Hyde, SK14 3AU
Sun 16 November – Failsworth Extra in Manchester, M35 0EJ
Mon 17 November – Manchester Gorton Extra, M18 8LD
Tue 18 November – Stockport Extra, SK1 2BT
Wed 19 November – Burnage Superstore in Manchester, M19 1TF
Thu 20 November – Prestwich Superstore in Manchester, M25 3TG
Fri 21 November – Bolton Horwich Extra, BL6 6JS
Sun 23 November – Chorley Extra, PR7 1NW
Mon 24 November – Leyland Extra, PR25 2FN
Sun 30 November – Prescot Extra, L34 5NQ
Mon 1 December – St Helens Extra, WA9 3AL
Tue 2 December – Widnes Extra, WA8 7YT
Wed 3 December – Warrington Extra, WA2 7NE
Mon 8 December – Accrington Extra, BB5 1LN
Fri 12 December – Macclesfield Hibel Road Superstore, SK10 2AB
To view a full list of all the Tesco Christmas Markets locations across the UK and browse all the brands that are taking part you can find everything HERE.
£50k reward for information about Baby Ava, whose remains were found in a Salford field
Daisy Jackson
Police are offering a £50,000 reward in a bid for information about Baby Ava, the newborn whose remains were found in a field in Salford one year ago.
One year on from the discovery of the baby girl’s remains in Little Hulton, police are still desperately trying to find out the baby girl’s identity and how she came to be in Ashtons Field.
A reward of £50,000 has now been secured from the Greater Manchester Combined Authority, with an appeal for her parents to come forward, or anyone with information that helps identify Ava or her parents.
New developments since the discovery of the baby’s remains on 20 November 2024 have included recovering a piece of fabric that was a distinctive pair of ladies’ underwear.
The size large underwear are patterned with what police believe are cartoon donkeys – but this has given no viable lead.
GMP’s lead investigator, Detective Inspector Louise Kelly from GMP’s Major Incident Team, said: “Since Ava was discovered a year ago today, we have worked tirelessly to understand how she came to be in Ashtons Field deceased and get justice for her.
“Last month, we were able to share that a piece of fabric recovered with Ava was a distinctive pair of ladies’ size large underwear with what believe are cartoon donkeys on. Unfortunately, despite the unique nature of this piece of clothing, we have had no new viable leads.
A ‘distinctive’ pair of ladies’ underwear discovered with Baby Ava. Credit: GMP
“We have had around 20 experts across various fields supporting our enquiries, followed up on over 200 pieces of information and distributed 1000 leaflets to local communities.
“Those residing in the surrounding area of where Ava was located should expect to see a greater police presence in the area around this anniversary, and may receive a knock on the door, as we continue to relentlessly pursue all possible avenues which could lead us to finding out what happened to her.”
DI Kelly continued yesterday, the one-year anniversary of the discovery of Baby Ava: “Today’s date will be a significant one for Ava’s parents and those who may have known her, and we have not lost hope in understanding the full circumstances of Ava’s death.
“To Ava’s parents, if they see this, we are here ready to speak to you and support you.”
Kate Green, Deputy Mayor of Greater Manchester for Safer and Stronger Communities, said: “Our thoughts remain with Baby Ava and those affected by this tragic case.
“We are committed to supporting GMP in their efforts to find answers and bring closure.
“This reward reflects our determination to encourage anyone with information to come forward and assist with the police with their investigation.”
Anyone with information is asked to contact police on 101 quoting log 1319 of 20/11/24. Information can also be shared via the Major Incident Public Portal here.
Danny Jones -
23rd September 2022 
