UK overhauls childcare, pensions and welfare
- 15-Mar-2023
UK finance minister Jeremy Hunt on Wednesday expanded access to childcare and announced an overhaul of the welfare system under measures aimed at alleviating a tight labour market that has hampered the outlook for growth. In what he described as “the biggest change to our welfare system in a decade,” Hunt said disabled benefit claimants […]
UK finance minister hikes taxes, squeezes spending
- 17-Nov-2022
Jeremy Hunt announced a string of tax increases and tighter public spending in a budget plan on Thursday that he said was needed after the blow dealt to the country’s fiscal reputation by former prime minister Liz Truss. Outlining a 55 billion-pound plan – almost half from tax rises – to fix the public finances, […]