Uk Budget
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BBC Will Cut Up To 2,000 Jobs To Save 10% Of Its Budget Over 2 Years
The BBC said earlier this year that it faced "substantial financial pressures" and wanted to cut about a tenth of its budget by 2029.
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UK Unemployment Rate Near 5-Year High At 5.1%: Report
Britain's unemployment rate remained at 5.1 percent at the end of last year, official data showed Tuesday, as companies trimmed staff amid UK budget uncertainty.
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Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
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UK PM Keir Starmer Signals Tax Hikes In October Budget To Rebuild Finances
UK Prime Minister Keir Starmer warned Tuesday that his new government's first budget in just over two months will be "painful", asking the country to "accept short-term pain for long-term good".
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UK Finance Minister Hikes Taxes, Squeezes Spending In Budget Plan
British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a budget plan on Thursday that he said was needed after the blow dealt to the country's fiscal reputation by former prime minister Liz Truss.
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UK Inflation Soars, Now Highest In 41 Years
British inflation has jumped to a 41-year high on soaring energy and food bills in a worsening cost-of-living crisis, data showed Wednesday on the eve of a key budget.
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"Asking Everyone For Sacrifices": UK To Hike Taxes In Thursday's Budget
Britain will on Thursday hike taxes and slash public spending in a government budget signalling a return to austerity despite millions suffering a cost-of-living crisis in an economy facing recession.
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UK To Reverse "Almost All" Tax Cuts, Retain Energy Support
New British finance minister Jeremy Hunt on Monday reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reined in a vast energy subsidy plan, saying the country needed to rebuild investor confidence.
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Pound Rallies As UK Set To Unveil Spending Plans
The pound jumped more than one percent against the dollar Monday as Britain's fourth finance minister in as many months prepared to update on UK tax and spending plans that spooked markets in recent weeks.
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UK To Unveil New Financial Plans Today In Latest Damage Control Move
Britain's new finance minister Jeremy Hunt will unveil tax and spending measures later Monday, bringing forward part of his fiscal plan to calm markets after a botched debt-fuelled budget.
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"Difficult Decisions Ahead": UK's New Finance Minister Warns Of Tax Hikes
Britain's new finance minister warned Saturday of tax hikes to come as he admitted to "mistakes" made by his short-lived predecessor in a disastrous budget.
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UK Finance Minister Plans New Infrastructure Bank In Budget: Report
UK Chancellor of the Exchequer Rishi Sunak is expected to set aside GBP 22 billion for a new infrastructure bank when he tables his Budget in Parliament next Wednesday, according to a UK media report on Saturday.
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Rishi Sunak's Budget Makes UK Visas More Expensive
The UK Budget tabled by Indian-origin Finance Minister Rishi Sunak is set to make the cost of long-term visas to Britain higher with a major hike in the compulsory health fee charged on migrants from countries, including India.
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As Rishi Sunak Preps For UK Budget, A Row Over Tea Break Brews On Twitter
Rishi Sunak, UK's newly-appointed Indian-origin Finance Minister and the son-in-law of Infosys co-founder Narayana Murthy is prepping to present his first budget next month. On Friday, he tweeted a photo of him brewing tea for his team in between meetings.
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Narayana Murthy's Son-In-Law, UK Finance Minister, Preps For First Budget
Britain's first budget following Brexit will take place on March 11 as planned, the country's new finance minister Rishi Sunak said Tuesday after the shock resignation of predecessor Sajid Javid.
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BBC Will Cut Up To 2,000 Jobs To Save 10% Of Its Budget Over 2 Years
The BBC said earlier this year that it faced "substantial financial pressures" and wanted to cut about a tenth of its budget by 2029.
-
UK Unemployment Rate Near 5-Year High At 5.1%: Report
Britain's unemployment rate remained at 5.1 percent at the end of last year, official data showed Tuesday, as companies trimmed staff amid UK budget uncertainty.
-
Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
-
UK PM Keir Starmer Signals Tax Hikes In October Budget To Rebuild Finances
UK Prime Minister Keir Starmer warned Tuesday that his new government's first budget in just over two months will be "painful", asking the country to "accept short-term pain for long-term good".
-
UK Finance Minister Hikes Taxes, Squeezes Spending In Budget Plan
British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a budget plan on Thursday that he said was needed after the blow dealt to the country's fiscal reputation by former prime minister Liz Truss.
-
UK Inflation Soars, Now Highest In 41 Years
British inflation has jumped to a 41-year high on soaring energy and food bills in a worsening cost-of-living crisis, data showed Wednesday on the eve of a key budget.
-
"Asking Everyone For Sacrifices": UK To Hike Taxes In Thursday's Budget
Britain will on Thursday hike taxes and slash public spending in a government budget signalling a return to austerity despite millions suffering a cost-of-living crisis in an economy facing recession.
-
UK To Reverse "Almost All" Tax Cuts, Retain Energy Support
New British finance minister Jeremy Hunt on Monday reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reined in a vast energy subsidy plan, saying the country needed to rebuild investor confidence.
-
Pound Rallies As UK Set To Unveil Spending Plans
The pound jumped more than one percent against the dollar Monday as Britain's fourth finance minister in as many months prepared to update on UK tax and spending plans that spooked markets in recent weeks.
-
UK To Unveil New Financial Plans Today In Latest Damage Control Move
Britain's new finance minister Jeremy Hunt will unveil tax and spending measures later Monday, bringing forward part of his fiscal plan to calm markets after a botched debt-fuelled budget.
-
"Difficult Decisions Ahead": UK's New Finance Minister Warns Of Tax Hikes
Britain's new finance minister warned Saturday of tax hikes to come as he admitted to "mistakes" made by his short-lived predecessor in a disastrous budget.
-
UK Finance Minister Plans New Infrastructure Bank In Budget: Report
UK Chancellor of the Exchequer Rishi Sunak is expected to set aside GBP 22 billion for a new infrastructure bank when he tables his Budget in Parliament next Wednesday, according to a UK media report on Saturday.
-
Rishi Sunak's Budget Makes UK Visas More Expensive
The UK Budget tabled by Indian-origin Finance Minister Rishi Sunak is set to make the cost of long-term visas to Britain higher with a major hike in the compulsory health fee charged on migrants from countries, including India.
-
As Rishi Sunak Preps For UK Budget, A Row Over Tea Break Brews On Twitter
Rishi Sunak, UK's newly-appointed Indian-origin Finance Minister and the son-in-law of Infosys co-founder Narayana Murthy is prepping to present his first budget next month. On Friday, he tweeted a photo of him brewing tea for his team in between meetings.
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Narayana Murthy's Son-In-Law, UK Finance Minister, Preps For First Budget
Britain's first budget following Brexit will take place on March 11 as planned, the country's new finance minister Rishi Sunak said Tuesday after the shock resignation of predecessor Sajid Javid.
