We are less than three weeks into Liz Truss's premiership, and we've already seen the biggest set of tax cuts since 1972, and she and Quasi Quarting have crashed the pound.

Pretty momentum stay in politics. I'll be joined later by Aaron Bostani to discuss it all on tonight's show.

As I promised on Wednesday, I've also got an interview about Vladimir Putin's latest escalation, let's say, of the war in Ukraine, and we're going to be talking about the Labour files.

That was a documentary on Al Jazeera last night.

We do want to know your comments and your questions throughout the show.

Do you think that Quasi Quarting has just crashed the UK economy?

Or are we going to see relative stability all while the rich get richer and the poor get nothing?

I think those are the two options. We are looking at, I'll be discussing with Aaron, which one we think is the most likely outcome.

The economic package announced today by Quasi Quarting wasn't called a budget, wasn't an official budget, but by all accounts, it's more significant than an ordinary one.

Quarting explained his government would be going for growth.

We need a new approach for a new era, focused on growth. Our aim over the medium term is to reach a trend rate of growth of 2.5%.

And our plan, Mr Speaker, is to expand the supply side of the economy through tax incentives and reform.

Those tax incentives and reforms involve some pretty gigantic giveaways to the wealthy.

The cap on bonuses is out. The proposed increase in corporation tax is scrapped. And there are swinging tax cuts.

High tax rates damage Britain's competitiveness. They reduce the incentive to work to invest and to start a business.

And the higher the tax, the more ways people seek to avoid them. Or work elsewhere or simply, work less.

Rather than putting their time and effort to more creative and productive ends, take the additional rate of income tax.

At 45%, it is currently higher than the headline top rate in G7 countries like the US and Italy.

And it is even higher than social democracies like Norway. But I'm not going to cut the additional rate of tax today, Mr Speaker.

I'm going to abolish it altogether. From April the 23rd, we will have a single higher rate of income tax of 40%.

This will simplify the tax system and make Britain more competitive. It will reward enterprise and work.

It will incentivise growth. It will benefit the whole economy and the whole country.

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