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UK unveils cost-of-living budget as mass strikes hit nation

From brecorder.com

Britain’s finance minister unveils a cost-of-living budget on Wednesday as the government seeks to keep a grip on public spending in the face of a fresh wave of strikes over pay. Chancellor of the Exchequer Jeremy Hunt delivers his tax and spending plan to parliament from 1230 GMT, as teachers, junior doctors, civil servants, BBC journalists and drivers on London’s underground Tube railway stage the latest day of mass walkouts. Public and private sector workers show little sign of ending strike action that began last year when rocketing inflation slashed the value of wages. Ahead of the budget, Hunt has flagged ... (full story)

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  • Category: Fundamental Analysis