Finance minister Jeremy Hunt pushed back against talk of decline in Britain on Friday, promising that Brexit would catalyse a new age of growth for an economy that has increasingly lagged behind its peers.
Hunt, who steadied financial markets after the turmoil of former prime minister Liz Truss' "mini-budget" in September last year, signalled he would stick with tax hikes in his upcoming annual budget that have angered some lawmakers in the governing Conservative Party.
With six weeks to go until his March 15 budget and his party trailing far behind the opposition Labour Party before an election expected next year, Hunt said he wanted lower taxes but that sound money had to come first. Rachel Reeves, the Labour Party's finance spokeswoman, said there had been 13 years of economic failure from the Conservative Party. "The Tories have no plan for now, and no plan for the future," she said in a statement.Hunt said declinist talk did not reflect the fact that Britain's economy had grown by more than France and Germany since 2010.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jeremy Renner was trying to stop snowplow from hitting his nephew when he was crushedAccording to reports, he was “completely crushed” under the vehicle and had “extreme [difficulty] breathing.” He broke '30 plus bones,' underwent two surgeries while in the ICU and is now recovering at home.
Leer más »
UISD/CAD Price Analysis: Post BoC stop hunt underway, 38.2% and 61.8% ratios eyedUSD/CAD has started the stop hunt in the new hour following the conclusion to the Bank of Canada's red calendar event on Wednesday and ahead of key US
Leer más »
Jeremy Renner was trying to stop snowplow from hitting his nephew when he was crushed - AutoblogJeremy Renner was trying to prevent his adult nephew from being hit when he was run over by his 14,330-pound snowplow on New Year's Day.
Leer más »
Jeremy Renner was trying to stop snowplow from hitting nephew when he was crushed, officials sayA new report from local officials details what happened the day actor Jeremy Renner was hurt in a snowplow accident.
Leer más »
UK Chancellor Hunt: Inflation predicted to fall because of 'tough decisions' taken at autumn budgetReuters reported that British finance minister Jeremy Hunt said it will be necessary to maintain the disciplined approach of his November budget to he
Leer más »
UK's Hunt pledges to boost growth but won't budge on tax hikesBritish finance minister Jeremy Hunt will promise on Friday to tackle the country's weak productivity with post-Brexit finance reforms to boost growth, but he will also stick to the tax rises that have angered some lawmakers in his Conservative Party.
Leer más »