Britain defends tax-cutting budget after IMF criticism | Borneo Bulletin Online
LONDON (AFP) – Britain yesterday defended its tax-slashing budget after the International Monetary Fund (IMF) argued it could increase inequality and worsen inflation, having already seen the pound hit a record low against the dollar. Finance Minister Kwasi Kwarteng’s big tax cuts and energy price freeze, aimed at boosting the recession-threatened economy, appeared to have […]
Source: borneobulletin.com.bn