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Hunt Rolls Out Tax Cuts in Bid to Jam Labour Before UK Vote

(Bloomberg) -- Chancellor of the Exchequer Jeremy Hunt cut personal and business taxes as he tried to shift the economic narrative and set out dividing lines with the opposition Labour Party ahead of a general election expected next year, even as the UK’s growth forecast was substantially downgraded.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsSam Altman, OpenAI Board Open Talks to Negotiat...
United Kingdom Irina Anghel Tom Rees Carys Roberts Alex Morales Ben Bradley
Source: yahoo.com

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Charting the Global Economy: Inflation Eases in US and UK

(Bloomberg) -- Inflation eased in both the US and UK, prompting bets that central banks on both sides of the Atlantic will start cutting interest rates by the middle of next year.Most Read from BloombergBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionXi’s Big Week...
United Kingdom United States Catarina Saraiva Jerome Powell Zoe Schneeweiss Anup Roy
Source: yahoo.com

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