UK: Hunt brings forward fiscal measures after budget turmoil ...Kuwait

The New Arab - News
UK: Hunt brings forward fiscal measures after budget turmoil
The UK's new chancellor Jeremy Hunt will unveil tax and spending measures later on Monday, bringing forward part of his fiscal plan in a bid to calm markets after last month's botched debt-fuelled budget. Hunt – who was parachuted into the job on Friday to replace ousted Kwasi Kwarteng – will "make a statement bringing forward measures from the medium-term fiscal plan" that is due on 31 October, the Treasury said in a statement. The measures "will support fiscal sustainability", the statement said, after last month's notorious mini-budget had sent bond yields spiking and the pound collapsing on concerns of rocketing debt. Monday's news sent the pound climbing against

Hence then, the article about uk hunt brings forward fiscal measures after budget turmoil was published today ( ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( UK: Hunt brings forward fiscal measures after budget turmoil )

Apple Storegoogle play

Last updated :

Also on site :



Latest News