Chancellor of the Exchequer Jeremy Hunt is laying out the government’s economic growth plan, prioritising reducing inflation over tax cuts. Hunt has said HS2 will go all the way to Euston, following reports the scheme might be downgraded again to save costs. The UK’s statistics regulator says that official vaccination data should not be used to support claims […]
The leadership of UK’s new Prime Minister Liz Truss is in question after an unsuccessful and overly ambitious budget was overthrown by the new treasury chief, Jeremy Hunt.
Amidst criticisms from the likes of the IMF and other leading global financial figures about her tax cut initiative, the UK prime minister Liz Truss continues relentlessly to drive her policy forward. In a contentious BBC Interview, Truss says it was a difficult decision, but the government has done the right thing.
The Bank of England has stepped in to buy government bonds at an “urgent pace” to calm the market, following the International Monetary Fund’s rebuke of government tax cuts. An inquest into the death of 14-year-old Molly Russell continues, as her headteacher says the school had long warned about the dangers of social media. COVID-19 cases […]
The chancellor announces a “new era” for the UK economy. Major tax cuts include lower stamp duty and dropping the top rate of income tax. The Institute for Fiscal Studies says the chancellor’s plan is a big gamble. We’ll take a closer look at the biggest tax-cutting event in 50 years. Residents in Russian-occupied regions of Ukraine […]
Shoppers aren’t the only ones being hit by soaring costs. We’ll be talking to farmers about how rising energy bills are impacting their industry. The chancellor is calling upon businesses to invest, train, and innovate while promising them tax cuts. But he also warned of a tough few months ahead, with no quick fix to current […]
Former Vice President Joe Biden on Thursday clarified his position on repealing President Donald Trump’s tax cuts, telling a town hall audience that he would only repeal the tax cuts for those making over $400,000 per year. “When I said ‘the Trump tax cuts,’ about $1.3 trillion of the $2 trillion in these tax cuts […]
Democrats spar over health care in third debate; President Donald Trump proposes tax cuts for the middle class; House panel seeks documents from tech companies in antitrust probe; Actress Felicity Huffman sentenced for college admissions scandal.
