UK Budget Predicted To Be A Nightmare Before Christmas
UK budget predicted to be a nightmare before Christmas
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UK budget predicted to be a nightmare before Christmas
The Chancellor of the Exchequer is expected to unveil fiscal consolidation totalling about £50 - £60 billion, media reports suggest
Britain will on Thursday hike taxes and slash public spending in a government budget signalling a return to austerity despite millions suffering a cost-of-living crisis in an economy facing recession.
Britain will Thursday hike taxes and slash public spending in a government budget that signals a return to austerity despite a cost-of-living crisis and recession headwinds. Conservative Prime Minister Rishi Sunak, who took office just three weeks ago, has vowed to fix the economic havoc created by his short-lived predecessor…
The continued surge in US rates and the inability of the equity market to sustain gains saw the post-Truss sterling rally unwind amid a broader recovery of the dollar. Read more.