Author: News Desk

The UK Spring Budget 2023 – the newspaper react   The highly-anticipated Spring Budget – the first of this year, and the first under Chancellor Jeremy Hunt, was released on Wednesday. It is marked as significant due to the last Budget released – under then-PM Liz Truss, spooked the markets, caused the pound to crash and led to an unprecedented intervention from the Bank of England. The disastrous mini-Budget under Truss led to the sacking of then Chancellor Kwasi Kwarteng and started the downfall of Liz Truss’s premiership.  A lot of details in the Budget had already been leaked to…

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