New UK Prime Minister Liz Truss with Vows of Tax Cuts
After a summer-long internal campaign triggered by Boris Johnson’s resignation in July, Liz Truss defeated her competitor, former finance minister Rishi Sunak, by 81,326 votes to
After a summer-long internal campaign triggered by Boris Johnson’s resignation in July, Liz Truss defeated her competitor, former finance minister Rishi Sunak, by 81,326 votes to
Beginning on 4 April 2022, effective in Wales and England, the government requires tax checks on individuals, business partners, or those who operate through company
Rishi Sunak showed concerns regarding the pressure and living standards in the light of tax scenarios as he stated that cutting taxes now without balancing
The government has released a draft tax legislation before its potential inclusion in the Finance Bill 2022–2023 to allow for technical consultation. The upcoming Finance
The UK government announced last February three different schemes of energy support to aid energy consumers in the present crises in which the energy suppliers
The G7 countries, with the most advanced economies, are nevertheless affected by the current global economic issues just as the rest of the world, with
To help with the cost of living crisis, the British prime minister Boris Johnson and chancellor Rishi Sunak announced the single biggest tax cuts of
For the fifth time in a row, the Bank of England (BoE) announced another hike in interest base rate by a quarter-point, now totaling to
The UK is currently seeing its worst cost of living crisis for decades, with inflation at a 40-year high and wages decreasing. The Chancellor reported
To tackle the rising energy costs that skyrocketed the price of living in the UK, the government has announced on the third of February a
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