press enter »
placeholder
placeholder

UK's unpopular Labour government tries to fight back with a tax-raising budget
UK's unpopular Labour government tries to fight back with a tax-raising budget

UK's unpopular Labour government tries to fight back with a tax-raising budget

Britain's unpopular center-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease cost-of-living pressures. But the budget's contents were leaked half an hour before Treasury chief Rachel Reeves delivered the statement in the House of

UK unveils tax-raising budget as economic growth projections are cut

UK unveils tax-raising budget as economic growth projections are cut

Britain's centre-left Labour government unveiled a tax-raising budget Wednesday to curb debt and fund public services -- and said the country's economy would grow less than expected over the coming years. Ahead of the budget, Prime Minister Keir Starmer vowed to reduce National Health Service waiting times and ease a prolonged cost-of-living crisis,