Uk Tax Cut
- All
- News
- Videos
-
UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
-
UK's Birmingham To Approve Service Cuts, Tax Hikes To Avoid Bankruptcy
Councillors in the UK's second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection, as the city fights to avoid bankruptcy.
-
Rishi Sunak Under Pressure Over Taxes Ahead Of 1st Tory Conference As PM
Rishi Sunak will be leading his first Conservative Party conference as British Prime Minister this weekend and goes into the annual event starting on Sunday amid pressure from his backbenches over cutting taxes.
-
UK's Ex-Finance Minister Told Liz Truss To "Slow Down" Tax Cuts
Britain's former finance minister in Liz Truss's short-lived government said in an interview Thursday he had warned the ex-premier to "slow down" her tax cuts that triggered economic turmoil, leading to her downfall.
-
Markets Positive About Rishi Sunak As He Inherits A UK Economy In Crisis
Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.
-
Liz Truss's Exit Ends Revival Of Margaret Thatcher's Libertarian Economics
Daniel Pryor, who lobbies for governments to shrink the state and cut taxes, feels Liz Truss's brief, disastrous spell as prime minister has killed off his dream of a low-tax, deregulated British economy for at least a generation.
-
Liz Truss Resigns As UK Prime Minister After Tax-Cut Plan Backfires
Liz Truss resigned as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of unfunded tax cuts before unwinding most of it in the face of a market rout.
-
"Sorry For Mistakes...Went Too Far, Too Fast": Liz Truss On Tax Cut Fiasco
Embattled UK Prime Minister Liz Truss on Monday apologised for "going too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns.
-
Resign Or Be Pushed? Scenarios Facing UK's Embattled PM Liz Truss
Calls are growing for Britain's beleaguered Prime Minister Liz Truss to resign or be replaced, after weeks of economic and political tumult over her now largely abandoned tax-slashing economic package.
-
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.
-
UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
-
UK's Birmingham To Approve Service Cuts, Tax Hikes To Avoid Bankruptcy
Councillors in the UK's second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection, as the city fights to avoid bankruptcy.
-
Rishi Sunak Under Pressure Over Taxes Ahead Of 1st Tory Conference As PM
Rishi Sunak will be leading his first Conservative Party conference as British Prime Minister this weekend and goes into the annual event starting on Sunday amid pressure from his backbenches over cutting taxes.
-
UK's Ex-Finance Minister Told Liz Truss To "Slow Down" Tax Cuts
Britain's former finance minister in Liz Truss's short-lived government said in an interview Thursday he had warned the ex-premier to "slow down" her tax cuts that triggered economic turmoil, leading to her downfall.
-
Markets Positive About Rishi Sunak As He Inherits A UK Economy In Crisis
Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.
-
Liz Truss's Exit Ends Revival Of Margaret Thatcher's Libertarian Economics
Daniel Pryor, who lobbies for governments to shrink the state and cut taxes, feels Liz Truss's brief, disastrous spell as prime minister has killed off his dream of a low-tax, deregulated British economy for at least a generation.
-
Liz Truss Resigns As UK Prime Minister After Tax-Cut Plan Backfires
Liz Truss resigned as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of unfunded tax cuts before unwinding most of it in the face of a market rout.
-
"Sorry For Mistakes...Went Too Far, Too Fast": Liz Truss On Tax Cut Fiasco
Embattled UK Prime Minister Liz Truss on Monday apologised for "going too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns.
-
Resign Or Be Pushed? Scenarios Facing UK's Embattled PM Liz Truss
Calls are growing for Britain's beleaguered Prime Minister Liz Truss to resign or be replaced, after weeks of economic and political tumult over her now largely abandoned tax-slashing economic package.
-
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.
