London CNN — UK financial markets were spooked again Wednesday — although, unlike last fall, the…
Tag: Jeremy Hunt
Britain to increase defence spending by more than £1 billion: report
The British government’s defence spending is set to be increased by more than £1 billion ($1.21…
Economy already in recession and set to shrink further next year: UK chancellor
As the rising cost of living eats away at people’s wages, the UK is experiencing its…
UK to raise $65 billion from windfall tax on energy companies | CNN Business
London CNN Business — The UK government is hiking a windfall tax on oil and gas…
‘Difficult decisions’: Britain announces higher taxes and spending cuts in warning sign for other governments | CNN Business
London CNN Business — The United Kingdom has already entered a recession and is battling decades-high…
Jeremy Hunt’s UK autumn budget extends windfall tax on power generators
A month after “Trussonomics”, the failed economic experiment by former UK Prime Minister Liz Truss, Chancellor…
UK inflation jumps to 41-year high of 11.1% | CNN Business
London CNN Business — Soaring energy costs drove UK inflation to a fresh high in October,…
‘I’m afraid’: UK Finance Minister Jeremy Hunt warns of tax hikes to cope with inflation after Truss fiasco
The new UK government issued a warning on Sunday (November 13) about the upcoming tax increase,…
Former PM Liz Truss’s mini-budget cost the UK exchequer $35 billion: Report
Former UK Prime Minister Liz Truss’s suicidal mini-budget which eventually paved the way for her downfall…
