There two key important measures that have been left untouched by the Chancellors wave of U-turns
It comes after Prime Minister Liz Truss and former Chancellor Kwasi Kwarteng delivered a mini-budget several weeks ago which resulted in economic turmoil. On Friday, Mr Kwarteng left his role as Chancellor after only 38 days in the office and was swiftly replaced by Mr Hunt.
Today, Mr Hunt stressed that the government is responsible for doing what is necessary to bring about economic stability He noted that it's vital for businesses making investment decisions, and for families concerned about jobs, mortgages and the cost of living crisis currently sweeping across the country.
What mini-budget policies will remain? Among his wave of reversals brought in today, Mr Huny notably left out any changes to the reversal of the National Insurance increase and the Health and Social Care Levy, as well as cuts to Stamp Duty Land Tax.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Biden says he ‘wasn’t the only one’ who thought Truss's plans were a 'mistake'US President Joe Biden has criticised Liz Truss’s abandoned mini-budget as he bemoaned a lack of ‘sound’ economic policy in some countries.
Consulte Mais informação »
Energy support scheme bombshell as Jeremy Hunt bins Liz Truss’ mini-budgetIn the eyes of many, it leaves Liz Truss in no position to continue as PM
Consulte Mais informação »
Jeremy Hunt Tears Up Liz Truss's Mini-Budget And Waters Down Energy Bills HelpThe new chancellor also shelved the prime minister's plan to cut the basic rate of income tax by 1p.
Consulte Mais informação »
Liz Truss's new chancellor Jeremy Hunt to make emergency statement on mini-budget - BBC NewsChancellor Jeremy Hunt is expected to give an emergency statement on the mini-budget in an effort to reassure financial markets. Live upates here:
Consulte Mais informação »
Chancellor reverses 'almost all' tax cuts in mini-budget and says energy bills support scheme to be scaled back'This govt will take whatever tough decisions are necessary'. Chancellor Jeremy Hunt says there will be 'more difficult decisions on tax and spending' but he is 'completely confident' in the UK's long-term economic prospects. 📺 Sky 501, Virgin 602
Consulte Mais informação »