UK economy: Government to spend less and tax more

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  • UK finance minister Jeremy Hunt has officially declared that his nation is in a recession.
    He expects the economy to shrink even further in the next fiscal year.
    The incumbent chancellor has laid out his plans for tackling rising inflation, mindful of the wreckage left by his predecessor's "mini-budget" six weeks ago.
    Al Jazeera's @Rory Challands reports.

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    @AljazeeraEnglish
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    UK economy: Government to spend less and tax more

    UK finance minister Jeremy Hunt has officially declared that his nation is in a recession.
    He expects the economy to shrink even further in the next fiscal year.
    The incumbent chancellor has laid out his plans for tackling rising inflation, mindful of the wreckage left by his predecessor's "mini-budget" six weeks ago.
    Al Jazeera's @Rory Challands reports.

    - Subscribe to our channel: http://aje.io/AJSubscribe
    - Follow us on Twitter: https://twitter.com/AJEnglish
    - Find us on Facebook: https://www.facebook.com/aljazeera
    - Check our website: https://www.aljazeera.com/

    @AljazeeraEnglish
    #Aljazeeraenglish
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    #UnitedKingdom
    #economy

    Comments

    Sion Barzad says:

    Someone has to pay for the migrants hotels, the City fatcats and the post brexit disaster and ofc it’s gonna be the general population I mean duuh who else? 😂

    Ric Fermi says:

    UK could at least tax the Illegal migrants and also the rich legal immigrants as well. The indigenous native Briton should be spared of taxation!

    Zain Zoala says:

    😂 Maybe stop being media clown. Because, If you follow the news, you would think illegal immigrants are taking everything from you. Maybe spend less on wars and not destroying the good trade deals you had would help the UK. How much Brexit costed and still costing ? And how much are the wars costing is something you hardly will hear from media & politician’s ofcourse.

    Travel Crawl says:

    Blame poor immigrants, how low can you go. Trump, is that you?

    Saellen X says:

    What a 🤡 and a human waste you are.

    jarosław bielski says:

    Like a thornbush in the hand of a drunken man,
    a parable in the mouth of a fool.

    Zain Zoala says:

    😱😱😱😱😱

    Capri ToreZ says:

    And how is Brexit going? 😆

    Kath Ev says:

    So these mps are cutting their salaries by 75%, I take it?
    👀😂😂😂😂

    Noah Nicholas says:

    *Despite the economic downturn,I’m so happy☺️. I have been earning £60,200 returns from my £7,000 investment every 13days*

    George Edward says:

    HOW? I would appreciate if you show me how to do that, I’m interested?

    Rhys Robertson says:

    This must be an investment with Mr Wan Zuhao

    Mohammad Robertson says:

    Wow I’m shocked you mentioned and recommended his trading services, I thought people don’t know him he’s really awesome🇬🇧

    Amir Mohammad Noor Mohammad says:

    Sanction on Pakistan, Taliban and Haqqani Network please world.

    Amir Mohammad Noor Mohammad says:

    Kindly remember Afghanistan 🇦🇫 please.

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