Tag: United Kingdom
-
UK Government Unveils Biggest Tax Rise in 30 Years, £52 Billion
In a significant move, the UK government has unveiled its latest budget, which includes a substantial tax hike of £52 billion, the largest in three decades. This increase aims to address the country’s mounting debt and stabilize the economy. Chancellor Jeremy Hunt presented the budget, outlining measures to tackle inflation, reduce borrowing, and promote economic…