Britain's taxes will be cut 'as soon as we can afford to,' finance minister says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

U.K. Finance Minister Jeremy Hunt on Friday said the government will look to cut taxes 'as soon as we can afford to.'

Hunt will present his first full budget on March 15 as the country continues to grapple with high food and energy costs, widespread industrial action, the fallout from Brexit and the worst growth outlook among the G-20 major economies.Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion fiscal plan.U.K.

The ruling U.K. Conservative Party has an electoral mountain to climb ahead of next year's general election, with polls consistently indicating a landslide for the main opposition Labour Party. The latest YouGov poll on Tuesday put Labour 28 points ahead of the Conservatives. "When the election comes, I think people will see that, when it comes to taking the tough and difficult decisions, to bring responsibility back to public finances, to get inflation down, to get the economy growing, then that's the Conservative Party," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

At least several decades away then. Thank Lord Biden and his cohorts for blowing up Nord Stream and the lack of readies in the government till.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Translation: allocate the funds where they ‘can’t’ be pulled from

Hunt needs to go first, the worst Chancellor ever. He imposed very high taxes right after the pademic, high inflation ang cost of living crisis.

Is this a joke. 2050?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign – Regulation Bitcoin NewsIndia's crypto campaign 'continues every now and then to alert people that it is a high-risk area and they should be aware of it,” said the finance minister. cryptocurrency Ok, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Totally agree, but I only use ChiefraFba for signals and analysis Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Source: BTCTN - 🏆 531. / 51 Read more »

India finance minister and U.S. Treasury's Yellen discuss debt, cryptoIndian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen discussed strengthening multilateral development banks, global debt vulnerabilities and crypto assets on the sidelines of the G20 finance chiefs meeting on Thursday, the finance ministry said. Nifty USDINR Rupee ModiRegime: Ban these cryptos Yellen: Why ModiRwgime: Indians r ditching garbage called Indian Rupee Yellen: Well they can hv USD stablecoins Moodiji
Source: Reuters - 🏆 2. / 97 Read more »

G-20 finance chiefs to tackle global economic threatsTop financial leaders from the Group of 20 leading economies are gathering in the south Indian technology hub of Bengaluru this week to tackle myriad challenges to global growth and stability, including stubbornly high inflation and surging debt.
Source: WashTimes - 🏆 235. / 63 Read more »