NEWS
LONDON (Reuters) – The British government’s so-called mini budget was essential in helping reset the debate around growth, finance minister Kwasi Kwarteng said on Thursday, after nearly a week of chaos in financial markets triggered by its huge tax cuts.
“The mini budget was absolutely essential in resetting the debate around growth and focusing us on delivering much better growth outcomes,” he told reporters while on a visit to a local business in northern England, when asked if it had been an economic disaster.
(Reporting by Sachin Ravikumar, Editing by Kylie MacLellan)
-
-
FINANCE3 days ago
Changing Money Movement for Good…Is Good for American Workers
-
-
-
BUSINESS3 days ago
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
-
-
-
BUSINESS2 days ago
Josh Delany on DTC Operations Dos and Don’ts for Startups
-
-
-
FINANCE3 days ago
IMF warns financial risks linger amid ‘soft landing’
-