These are measures that are part of the growth plan presented by the new Economy Minister, Kwasi Kwarteng.
The new UK Chancellor of the Exchequer Kwasi Kwartenghas confirmed this Friday that will eliminate the increase in corporate taxes Y will eradicate the current limit on bonuses received by bankers. These are measures that are part of the growth plan you have submitted, intended for boost the economy.
In a statement before the House of Commons, he has detailed an “emergency budget” to deal with the increase in the cost of living, with a “new approach”, which is based on “three priorities: reforming the supply side of the economy, maintain a responsible approach to public finances, and cut taxes to boost growth.
In his speech, Kwarteng said that the British Government will adopt “difficult measures” in order to stimulate the country’s growth.
Source: Eitb
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