UK budget leaks early in ‘unprecedented’ blunder

Shorouk Express The British economy is forecast to grow by just 1.5 percent over the OBR’s current forecast period, 0.3 percent slower than projected in March, with the watchdog blaming poor productivity growth. Speaking in the House of Commons just before the budget announcement kicked off, Tory Leader Kemi Badenoch condemned the “unprecedented leak” and demanded an…

Read More

Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase

Shorouk Express ‘I’m not in favour of breaking manifesto pledges’: Streeting welcomes income tax U-turn Health Secretary Wes Streeting welcomed the apparent U-turn over plans to break Labour’s manifesto commitment on income tax. Mr Streeting told LBC Radio: “I’m not in favour of breaking manifesto pledges. “I think that trust in politics and politicians is…

Read More