Categories: India

UK's Reeves considering tax increases and spending cuts for budget, Sky News reports

Oct 15 (Reuters) – Britain's finance minister Rachel Reeves said she was looking at both tax rises and spending cuts in the upcoming budget, according to an interview with Sky News on Wednesday. "Of course, we're looking at tax and spending as well," Reeves told Sky News when asked how she would deal with the country's economic challenges in her November 26 budget statement, according to the report. (Reporting by Rhea Rose Abraham in Bengaluru; Editing by Muralikumar Anantharaman)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

TREASURIES-Bonds snap back, investors step in after 10-year yield hits 24-year high

* Bonds rally following morning selloff that fueled a run to new highs on yields…

4 minutes ago

South Korea clinches archery gold as Japan dominates judo at Asian Games

VIDEO SHOWS: ASIAN GAMES HIGHLIGHTS COMPLETE SHOTLIST AND SCRIPT TO FOLLOW SHOWS: TOKYO, JAPAN (SEPTEMBER…

5 minutes ago

US mortgage rates jump by most in 4 years in latest week

Oct 1 (Reuters) - The interest rate on the most common US home loan shot…

8 minutes ago

California AG Bonta issues subpoena to OpenAI over AI cybersecurity risks

Oct 1 (Reuters) - California Attorney General Rob Bonta has issued an investigative subpoena to…

9 minutes ago

UPDATE 1-US FDA advisers recommend flu vaccine strains for 2027 Southern Hemisphere season

* Committee unanimously backs 2027 Southern Hemisphere flu strain recommendations to manufacturers * Advisers recommend…

15 minutes ago

South Korea clinches archery gold as Japan dominates judo at Asian Games

VIDEO SHOWS: ASIAN GAMES HIGHLIGHTS COMPLETE SHOTLIST AND SCRIPT TO FOLLOW SHOWS: TOKYO, JAPAN (SEPTEMBER…

16 minutes ago