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Everything you need to know about Kwasi Kwarteng’s mini-budget 2022

Here's how the government are looking to combat the cost of living crisis.

Danny Jones Danny Jones - 23rd September 2022

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.

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.

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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%.

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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.

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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.

Removing red tape

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.

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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.

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A wary winter

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.

Featured Image – Flickr @ Policy Exchange

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Inside the underground Manchester noodle bar serving Chinatown’s spiciest scrans

Georgina Pellant Georgina Pellant noodle alley

Over in Chinatown, there’s a relatively new little noodle bar that’s been making a big, spicy stamp on the city’s dining scene.

Its owner, Wendy Ren, hails from the Chinese province of Sichuan – a region that’s home to giant pandas, traditional Sichuanese opera, and some of the spiciest food going, thanks to its famous Sichuan pepper.

Also known as the Chinese prickly ash, the citrus-like peppercorn leaves a tingly numbness in the mouth and on the lips that you’ll either love or hate.

It’s an acquired taste, by all accounts – but those who love it can’t get enough. In fact, on my visit during a packed-out Wednesday lunch service, Wendy stopped to chat with an Italian family holidaying in Manchester who had been in to eat three days in a row. Now that’s an endorsement if I ever heard one.

She’s opened the restaurant alongside her Cantonese husband, Ken Chen, but the recipes are all hers – and on our visit she laughs with us about how it has taken him some time to get on board with her spicy food, saying: “he found out pretty quickly that he either eats it or he doesn’t eat at all.”

For big fans of spice, this is fast becoming the absolute go-to spot in Chinatown – and for those who aren’t so tough, don’t worry, because Wendy’s put some things on the menu for you too (and possibly, also, for Ken).

Just taking a moment for the hand-rolled pork dumplings with sweet and spicy chilli oil and minced garlic. / Image: The Manc Eats
Noodle Alley is beautifully decked out in red and green with little nods to the famous wide and narrow alleys of Chengdu. / Image: The Manc Eats

Called Noodle Alley, the restaurant is tucked away underground on Faulkner Street and beautifully decked out in red and green with little nods to the famous wide and narrow alleys of Chengdu.

Formerly home to China City, a real old-school Chinatown legacy restaurant, the space has a special place in Wendy’s heart.

She tells me that she and her husband used to come and eat here “all the time” when they first started dating, so the location really means a lot to both of them.

Chinatown restaurants aren’t exactly known for their glamorous interiors, and China City, Wendy jokes, was one such place – with the same old carpet, and the same old tables that had been used for the past twenty years.

Now the space is her own, though, it’s markedly different – lovingly decked out in cheerful colours, with little green windows, hanging lanterns, and bamboo rattan paneling on the walls.

Hand-rolled dumplings stuffed with mince pork on their way to the kitchen at Noodle Alley. / Image: The Manc Eats
The end result – drenched in homemade chilli oil and topped with crispy garlic. / Image: The Manc Eats

Her story of getting into the restaurant business is something of an unusual one. Prior to opening Noodle Alley, she tells me, she spent nearly two decades working at The Marriott Hotel.

After seventeen years of service and the birth of her second child, she asked to go part-time but her request was refused – so she quit the very next day, and began building her own route to independence.

It was during the Covid lockdown, she says, that she really got into cooking group meals – making meals for her friends and spending hours in the kitchen busying away happily over her stove.

A friend with several restaurants in Chinatown suggested she start her own business, and the rest – as they say – is history.

Dan Dan noodles are out, apparently, and Su Jiao Mian are in. / Image: The Manc Eats
Burning noodles with preserved vegetables and crushed peanuts. / Image: The Manc Eats

Dish-wise, her menu spans a mouthwatering selection of dry noodles, soup noodles, street food, and small plates, including the likes of deep-fried wavy potato chips with chilli and Szechuan pepper and steamed beef strips wrapped with chilli paste, numbing Sichuan pepper, and five-spiced rice powder.

Dan Dan noodles, the Sichuan dish we probably all know the best, don’t feature – they’re a bit old news now, apparently, and Wendy has some cooler alternatives for us to try.

Read more: This blink-and-you’ll-miss-it basement restaurant in Manchester’s Chinatown serves the ultimate yum cha feast

One is her Su Jiao Mian, a mixture of minced pork, sesame sauce, and house chilli oil, the other is the Wan Za Mian, a fiery mixture of spices combined with minced pork, soft yellow peas, and more chilli which Wendy says is “one of the most popular noodles in Sichuan.”

Apparently, if you’re eating with the cool kids in Sichuan, you should order this. Not one to argue, I dig in – and it’s safe to say her food is pretty damn exceptional. Almost immediately, I’m planning my next trip back.

Two of Noodle Alley’s signature dishes: Steamed beef strips wrapped with five spiced rice powder (back) and ‘saliva chicken’ served cold with special chilli oil, peanuts, and cucumber. / Image: The Manc Eats
Pork knuckle with butter beans in an umami-rich pork bone broth. / Image: The Manc Eats

Other signature dishes here include Wendy’s steamed beef strips, which can be eaten alone or dipped into one of her noodle soups, and a dish of ‘saliva chicken’ – a crunchy, cold, textural dish with steamed chicken, fresh chillis and ribbons of cucumber that sit swimming in a bath of homemade Sichuan chilli oil, so named because it literally makes your mouth water.

We also opt for a dish of pork knuckle with butter beans in an umami-rich pork bone broth. Not one for the faint-hearted, even Wendy seemed a little cautious to recommend this one, but as fans of ‘the weird stuff’ we insist – and it really ends up being a highlight of the meal.

Read more: Top Manchester chef to host special £250 dinner – but vegans aren’t welcome

We end up needing a little help with it. It’s a slippery bugger and I end up wearing a fair bit of the broth. before she returns with a knife and fork to cut it up properly for us.

That broth it’s in, though, is so beautiful I could happily bathe in it. Some might say I did, to be fair. As for the soft, succulent pork meat? When sliced into tiny morsels and dipped into an extra special Sichuan chilli oil she retrieves from the kitchen, is something else entirely.

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If this is Sichuan heaven, then I’ll happily stay here forever. From plump hand-made dumplings stuffed generously with flavourful pork and drenched in chilli oil, to chicken giblet soup noodles, there’s so much on the menu I will be coming back for.

And for those who really can’t handle the spice, I guess I’ll be recommending the scallion oil noodles with soy sauce and crispy egg. No matter what you order here, I don’t think you can go too wrong.

Featured image – The Manc Eats

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Kellogg’s introduces domestic abuse support policy for its Greater Manchester staff

Emily Sergeant Emily Sergeant

Kellogg’s has just introduced a new support policy for its Greater Manchester staff who are sadly victims of domestic abuse.

The company‘s pioneering new support policy means any one of its more than 1,360 employees across the UK who are suffering from the impact of domestic abuse will be entitled to an additional 10 days of paid leave.

On top of this, they’ll also be provided with financial help for an initial legal support meeting, and a one-off payment for expenses and costs incurred for setting up a new bank account, or any other activity that provides employees suffering domestic abuse with financial security.

The support package will be available to all Kellogg’s staff in its Manchester HQ, and those working in its two factories in Trafford Park and Wrexham.

This additional support for those impacted by the devastation of domestic abuse also comes on top of the access to a free 24-hour confidential counselling service and flexible working arrangements that Kellogg’s already offers.

The Kellogg’s factory in Trafford Park / Credit: Kellogg’s UK (via Instagram)

A Kellogg’s employee, who wishes to remain anonymous’, has welcomed the new policy after describing their experience with domestic abuse as “completely isolating”.

The decision by Kellogg’s to introduce the new support measures has also been welcomed by charities.

Michelle Hill, who is the chief executive of the charity Talk, Listen, Change, praised the company for creating “a supportive policy” that comes with a number of “key elements” to enable its staff to feel safe and confident in disclosing domestic abuse.

She added: “The new domestic abuse policy not only commits to supporting employees, but also to increasing awareness of domestic abuse through resources.

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“We know that the stress and trauma that come with domestic abuse have a profound effect on victim-survivors [and] Kellogg’s has demonstrated, as an organisation, that they are committed to supporting victim-survivors to the best of their ability.”

Featured Image – Kellogg’s UK

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