UK Budget: £40 billion Tax Raise To Restore Economic Stability
British finance minister Rachel Reeves presented the first budget of UK’s new Labour government Wednesday that included tax raise of £40 billion (US$52 billion or RM227 billion) with hope of restoring stability to the sixth-largest economy in the world, which is expected to grow by 2.0% in 2025, reported Reuters. Reeves, the first female British chancellor, had […]