Stay updated with breaking news from Exchequer Hunt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Childcare providers have warned that without increased funding for early years education, the national minimum wage increase proposed in Jeremy Hunt’s autumn statement will “wreak havoc” on the sector and force nurseries across the UK to close.
Britain, on Thursday, unveiled an austerity budget with £55 billion ($65 billion) of tax hikes and spending cuts despite confirming its economy was in recession.
Measures are needed to restore financial stability, chancellor says
Hunt claimed that his financial constraints would help to bring financial stability after recent markets turmoil.
Britain will on Thursday hike taxes and slash public spending in a government budget signalling a return to austerity despite millions suffering a