The tax cuts, coupled with the energy bills package announced earlier this month, will cost a total of £105billion by 2026 according to Treasury figures.
But Labour have claimed the Government has got the mini budget wrong by helping bankers and boardrooms and leaving workers to pick up the bill.
Shadow Chancellor Rachel Reeves slammed the Chancellor for announcing a “reckless and irresponsible” budget which she said is a gamble on the finances of British families.
Before the new budget was announced, the pound plummeted in value against the dollar as markets responded to Britain’s new economic plan.
So, do you think the mega ‘mini budget’ is enough?
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