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UK government dishes out extensive tax cuts as country braces for recession

Por: CNBC Business September 23, 2022

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U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses.Rob Pinney Getty Images News Getty ImagesLONDON — The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country's faltering economic growth.Speaking to the House of Commons, Finance Minister Kwasi Kwarteng said the government... + full article



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