Growth Thoughts News Today

struggling with symptoms. lets start here in the uk, where the new chancellorjeremy hunt has ditched almost all of prime minister liz truss�* tax cuts announced in the governments mini—budget three weeks ago. the financial markets reacted positively to the news, with the pound rising against the us dollar and uk gilts falling. in total £32 billion of the £45 billion in tax cuts have been shelved, these include... the planned 1p cut in the basic rate of income tax is now on hold i...

The cap on energy prices charged to households is now only guaranteed until april next year. for a typical household, it means an annual bill will not rise above £2,500 for the next six months. but plans to cancel the 1.25% increase in national insurance contributions will still go ahead, along with a reduction in stamp duty, and the cap on bankers�* bonuses will still be scrapped. joining me now is chris southworth, whos the secretary general of the uk international chamber of commerce. good...