The government’s budget proposal, known as the Autumn Statement, will lead to £55 billion in tax rises and spending cuts to fill a massive funding gap. Here are five takeaways.
Tag: Truss, Elizabeth (1975- )
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What to Expect From the U.K.’s Budget Proposals Today
Tax increases and spending cuts are expected as the government tries to stabilize its finances and reassure financial markets.
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As U.K. Braces for Painful Budget Cuts, the Mood Is Gloomy
Swindon, west of London, has reinvented itself several times, always a rung lower on the economic ladder. Now it awaits another step down.
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As Britain Braces for Painful Budget Cuts, the Mood Is Gloomy
Swindon, west of London, has reinvented itself several times, always a rung lower on the economic ladder. Now it awaits another step down.
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Rishi Sunak’s Challenge: Unifying the Party and Fixing the Economy
The Conservative Party is fractured and Britain’s public finances are battered. That will test the political skills of a leader who has been involved in national politics for only seven years.