Mini-budget: Are there winners and losers?

2 years ago 21
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The chancellor has unveiled what he claims are the biggest tax cuts in a generation.

Some of the measures include a cut on the basic rate of income tax - and a rise in National Insurance is reversed.

The cap on bankers' bonuses has also been lifted, and a planned rise in corporation tax scrapped.

The BBC's economics editor, Faisal Islam, explains what these changes mean for those across the income scale.

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