the main thrust of Kwarteng's budget was reducing NICs, followed by keeping corp tax rates at 19% rather than (the now) 25%, as well as reducing the top rate of income tax from 45% to 40%. The latter is the only real aspect of the budget that favours those earning more than £150k per annum. The government should have allowed the OBR to prepare a forecast prior to the mini budget release. They paid the price for it.