New UK finance minister warns some taxes will rise as tough decisions loom

📆 15/10/2022 11:24:00
📰 STForeignDesk

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 71%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Jeremy Hunt said tax increases are on the cards to restore Britain's economic policy credibility. Read more at straitstimes.com.

LONDON - Britain's new finance minister Jeremy Hunt said on Saturday that some taxes would go up and government spending would rise by less than previously planned as he warned of difficult decisions ahead to restore Britain's economic policy credibility.and scrapped parts of their controversial economic package on Friday in a bid for political survival less than 40 days into her premiership.

"Some taxes will not be cut as quickly as people want, and some taxes will go up. So it's going to be difficult," he said.that was so ferocious that the Bank of England had to intervene to prevent pension funds being caught up in the chaos as borrowing costs surged.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Jeremy Hunt: Britain's new finance minister is a soft-spoken survivor now taking on his hardest roleHis appointment is meant to appease MPs already plotting to unseat Prime Minister Liz Truss. Read more at straitstimes.com. Wonder what he think of UK PM designating CCP China a threat to the international rule based order.
Fonte: STForeignDesk - 🏆 4. / 71 Consulte Mais informação »