British government

Britain's Chancellor Jeremy Hunt leaves 11 Downing Street to attend Parliament in London, Thursday, Nov. 17, 2022. Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis. Treasury chief Jeremy Hunt will deliver the government's plan for tackling a sputtering economy in a speech to the House of Commons on Thursday. (AP Photo/Alastair Grant)

UK Budget Takeaways: Higher Taxes, More Aid To Needy

The British government unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a…

AP 17 November 2022

Kwasi Kwarteng arrives at Number 10 Downing Street, in London, Britain September 6, 2022. REUTERS/Phil Noble/File Photo

Historic Tax Cuts and Borrowing Define Britain's New Economic Agenda

Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, with British government bonds…

23 September 2022

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