'I really hope it works. I really worry what happens if it doesn't'
Martin Lewis called the government’s mini-budget statement ‘staggering’ as he analysed the news on Twitter. Chancellor Kwasi Kwarteng delivered the announcement in the House of Commons on Friday morning.
Mr Kwarteng also stated that the estimated cost of the energy package from the six months from October is currently around £60 billion, adding that it is “entirely appropriate” to use borrowing powers to fund temporary measures to help support families and businesses. Martin Lewis expressed concerns over the ambitious plans. Reacting to the statement on Twitter he said: “That really was quite a staggering statement from a Conservative party government. Huge new borrowing at the same time as cutting taxes.
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