Browsing Tag

Chancellor

4 posts
Britain's New Chancellor Says Some Taxes Will Rise thumbnail

Britain’s New Chancellor Says Some Taxes Will Rise

LONDON—The U.K.’s new chancellor, Jeremy Hunt, effectively scrapped Prime Minister Liz Truss’s signature tax-cutting plan, saying on Saturday that some levies would have to rise and public-spending cuts would need to be made to restore market confidence in the British economy. Mr. Hunt said that Ms. Truss had made mistakes with her plan to boost
Read More
Ex UK chancellor advises against investing in cryptocurrencies thumbnail

Ex UK chancellor advises against investing in cryptocurrencies

Lord Hammond cautioned that crypto is not as suitable an investment for retail investors Former British Chancellor of the Exchequer, Lord Philip Hammond, has reportedly warned potential investors to be very cautious about investing in cryptocurrencies. Speaking to The Mail on Sunday, the former UK cabinet minister shared his thoughts on whether people should invest…
Read More
Foreign aid: Chancellor accused of stealth raid by charities thumbnail

Foreign aid: Chancellor accused of stealth raid by charities

By James LandaleDiplomatic correspondentChancellor Rishi Sunak is being accused of attempting to mount a "stealth raid" on Britain's foreign aid spending. Development charities say the Treasury is hoping to use "accounting tricks" in this month's Spending Review to squeeze the aid budget by billions of pounds. They fear new items will be designated as "overseas…
Read More
Index Of News