Tag: Jeremy Hunt
London raises taxes and cuts spending to fight inflation
Jeremy Hunt The British Treasury Secretary presented his budget. (Photo: AP) London The British government wants to fill the enormous hole in the budget with tax increases and spending cuts…
Workers are rebelling against inflation
Hunt commented on the renewed price shock: “We cannot have long-term, sustainable growth with high inflation.” Tomorrow, Thursday, he will present a plan “on how we can reduce debt, ensure…
Rishi Sunak’s cabinet stands – eleven members of the Truss government resign
London New British Prime Minister Rishi Sunak has promised “economic stability and confidence” to the troubled kingdom. In his inaugural speech at 10 Downing Street, the 42-year-old said: “Mistakes have…
Rishi Sunak is said to bring about a turnaround in financial policy
London Britain has a new head of government – the third in three months. Rishi Sunak has won the Conservative Party leadership race to become Britain’s next prime minister. The…
Rishi Sunak has little time to heal the country’s chronic ailments
London Brexit has been weakening the island kingdom economically and politically for six years. (Photo: AP) All good things come in threes, you could say. With Rishi Sunak elected Prime…
Britain’s new Prime Minister Rishi Sunak inherits Brexit
London Britain has a new head of government – the third in three months. Rishi Sunak has won the Conservative Party leadership race to become Britain’s next prime minister. The…
Rishi Sunak has little time to heal the country’s chronic ailments
London Brexit has been weakening the island kingdom economically and politically for six years. (Photo: AP) London All good things come in threes, you could say. With Rishi Sunak elected…
Truss is history – what’s next?
After the resignation, the conservative Tory faction is working hard to elect a successor. Ex-Finance Minister Rishi Sunak or cabinet member Penny Mordaunt and ex-Interior Secretary Suella Braverman, representing the…
Chronicle of Liz Truss’ fall from power
Under pressure from the financial markets, she had previously had to dismiss her comrade-in-arms Kwasi Kwarteng as Chancellor of the Exchequer. Kwarteng wanted to implement Truss’ agenda with a financial…
Liz Truss has her back against the wall – but refuses to resign
London With her back to the wall, British Prime Minister Liz Truss tried to save her political career on Wednesday. “I’m a fighter and I won’t give up,” Truss exclaimed…
Truss has his back against the wall but refuses to resign
London With her back to the wall, British Prime Minister Liz Truss tried to save her political career on Wednesday. “I’m a fighter and I won’t give up,” Truss exclaimed…
Jeremy Hunt the new UK Treasury Secretary
Secret change of power Jeremy Hunt (M), UK Treasury Secretary, speaks in the UK House of Commons. Prime Minister Liz Truss (right) listens in silence. (Photo: dpa) London In the…
Dax gains more than 200 points – private investors are waiting for a re-entry
Dusseldorf The German stock market is up at the start of the week. The Dax closed 1.7 percent up at 12,649 points, more than 200 points above Friday’s closing level.…
Dax rises by more than 250 points – private investors are waiting for a re-entry
Dusseldorf The German stock market is clearly up at the start of the week. In the afternoon, the Dax was up another 2.1 percent at 12,699 points, around 260 points…
Dax rises by more than 150 points – private investors are waiting for a re-entry
Dusseldorf The German stock market continues to rise at the start of the week. In the afternoon, the Dax was up another 1.6 percent at 12,640 points, more than 200…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new Treasury Secretary is set to announce an about-face before Parliament today. (Photo: dpa) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Liz Truss The British Prime Minister has to bury almost her entire economic policy agenda. (Photo: Reuters) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…
Dax overcomes the 13,500 point mark again – private investors are waiting for a re-entry
Dusseldorf The German stock market continues to rise at the start of the week. At noon, the Dax was already up 0.8 percent again at 12,534 points. The leading index…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…