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  • UK's Reeves: Tories left economic challenges
    British Chancellor of the Exchequer Rachel Reeves reacted on Thursday to a quarterly rise of 0.6% in the country's gross domestic product (GDP) by describing the figures as evidence of a "challenge inherited from the Conservatives." "We are under no illusion as to the scale of the challenge we...
  • Hunt rejects critiques on Tories' tax plans
    Former British Chancellor of the Exchequer Jeremy Hunt rejected on Tuesday his successor Rachel Reeves' comments on the Tories' tax regime, in which she accused the previous government of misleading the Office for Budget Responsibility (OBR)."We never promised that we would deliver tax...
  • Cleverly keeps seat in his constituency
    British Home Secretary James Cleverly managed to remain the Member of Parliament (MP) for Braintree after the general election held on Thursday, the results published on Friday showed.The fact that Cleverly managed to keep the seat in his constituency had the media already begin to speculate...
  • Hunt: Cannot commit to reducing prices
    British Chancellor Jeremy Hunt said on Thursday that he cannot commit to reducing prices because they are "decided in a market economy by lots of different actors." However, he said the government is preventing the cost of living from rising further by supporting the Bank of England's monetary...
  • Hunt: Tories got economy back on its feet
    British Chancellor of the Exchequer Jeremy Hunt insisted on Friday that the Conservative Party got the United Kingdom's economy "back on its feet" as it was hit by "three massive shocks" – the financial crisis, the COVID-19 pandemic, and Russia's military operation in Ukraine.In an official speech, Hunt...
  • UK's Hunt expected to promise further tax cuts
    British Chancellor of the Exchequer Jeremy Hunt (pictured) is expected to promise additional tax cuts if the Conservative Party wins the next general election in his speech on Friday, Sky News reported.He will also supposedly criticize the Labour Party's attacks on his party’s tax-raising record,...
  • Hunt: UK's economy returning to full health
    British Chancellor of the Exchequer Jeremy Hunt said on Friday, as quoted by Sky News, that the United Kingdom's economy is "returning to full health.""There is no doubt it has been a difficult few years, but today's growth figures are proof that the economy is returning to full health for the first...
  • UK's Hunt: BoE should take its time with rate cuts
    British Chancellor of the Exchequer Jeremy Hunt told Sky News on Thursday that he would much rather the Bank of England (BoE) take its time when it comes to potential interest rate cuts than "having to reverse course.""I welcome the fact that the Bank of England has thought about this very hard...
  • Zelensky, UK's Hunt talk Russia sanctions in Kiev
    Ukrainian President Volodymyr Zelensky welcomed British Chancellor of the Exchequer Jeremy Hunt in Kiev on Thursday and expressed gratitude for the recently announced £500 million defense aid package for Ukraine."We paid special attention to the sanction policy. It is important to extend...
  • UK's Hunt may cut national insurance by another 2 pence
    British Chancellor of the Exchequer Jeremy Hunt (pictured) is considering the possibility of reducing national insurance by an additional 2 pence in the pre-election September mini-budget plan, a person familiar with the matter told The Financial Times on Friday.Earlier this week, Hunt informed the...
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