Britain unveils anti-inflation budget as recession looms

Updated 1 year ago · Published on 23 Sep 2022 10:00AM · 0 Comments

Finance minister Kwasi Kwarteng, fresh from being appointed by new Prime Minister Liz Truss may axe a bankers’ bonus cap, which has been in place since 2014 and is a legacy of EU membership. – AFP pic, September 23, 2022.

THE UK’s new government unveils today multibillion-pound measures aimed at supporting households and businesses hit by decades-high inflation.

Finance minister Kwasi Kwarteng, fresh from being appointed by new Prime Minister Liz Truss, will deliver his mini-budget at 0830 GMT.

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