[ad_1]
A No10 official told The Independent that staff “have been told to go through the measures and the OBR’s working line by line”.
They added: “The turmoil in markets and the need to show fiscal prudence are being heeded. Everything is being looked at again, including tax cuts.
“The picture will change a lot if energy measures are means-tested carefully next winter and wholesale prices calm down a little.
“But that’s not enough on its own to balance the books as has been suggested, by getting debt down as a share of GDP.”
The mini-budget included measures to cut the basic rate of income tax to 19p in the pound, to scrap a planned increase in corporation tax, and to end a cap on bankers’ bonuses.
While the review is currently taking place, some of the policies announced in the mini-budget are already being voted on in the House of Commons.
READ MORE: Doom-mongers at IMF now admit Kwasi was right, Britain WILL boom
[ad_2]
