New UK finance chief Zahawi inherits economic crisis

📆 6/07/2022 8:29 a. m.
📰 ChannelNewsAsia

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 66%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

LONDON: Britain's new finance minister, Iraqi-born Nadhim Zahawi, has inherited a cost-of-living crisis that risks pushing the UK economy into recession. The former education minister was parachuted i

"You make some tough decisions every day. And sometimes it's easy to walk away but actually, it's much tougher to deliver for the country.""I want to make sure that not only do we rebuild the economy, we've got to grow the economy," added the new chancellor of the exchequer.

The FTSE had tumbled almost three percent and sterling slumped nearly two percent against the dollar Tuesday on growing fears of a global recession. Britain is in the midst of nationwide strikes - affecting in particular the transport sector - as wages are eroded by the rocketing inflation.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

New British finance minister Zahawi inherits faltering economy, soaring inflation
Fuente: STForeignDesk - 🏆 4. / 71 Leer más »

New UK finance minister says govt needs to grow struggling economy
Fuente: STForeignDesk - 🏆 4. / 71 Leer más »