UK’s mini budget: Jeremy Hunt reverses mini-budget tax cuts

In his first act after taking over as the Chancellor of the Exchequer, Jeremy Hunt recently announced sweeping changes to previous Chancellor Kwasi Kwarteng's 'mini-budget'. The fiscal statement announced in September included unfunded tax cuts worth about £45 billion, and it sent the country's financial markets into chaos. Later, it was reduced to £43 billion when the government took a U-turn on the planned abolishment of the 45% income tax rate. #uk #minibudget #Exchequer #jeremyhunt #kwasikwarteng #taxcuts #kalkinemedia Explore insightful and in-depth research on select stocks by Kalkine. Subscribe to the premium services here click on https://bit.ly/3LR6bD3 To get more updates about Australia, NZ, UK, Canada and US stock market news, investors education & insights, subscribe our channel at https://bit.ly/3cHKioy Check out our media Website 👉 https://kalkinemedia.com/uk Follow us and stay updated on the Go with the Stock Market 👇👇 Facebook -   / kalkineuk   Twitter -   / kalkine_uk   LinkedIN -   / kalkineuk