SITUATION REPORT

U.K.: Tax Cuts Announced Amid Falling Business Activity, Consumer Confidence

MIN READSep 23, 2022 | 15:49 GMT

The United Kingdom's new Chancellor of the Exchequer Kwasi Kwarteng announced tax cuts worth 45 billion pounds ($49 billion) as part of a mini-budget intended to boost economic growth, the Financial Times reported Sept. 23....

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