Mögliche Kürzungen im UK Budget
October 20, 2022 -
UK Finanzminister Jeremy Hunt hat die meisten nicht gedeckten Steuersenkungen in Höhe von £45 Milliarden (€52bn) der früheren Permieministerin Liz Hunt wieder aufgehoben. Noch ist er auf der Suche nach weiteren £40Mrd (€46Mrd) um den Staatshaushalt zu reparieren.
Earlier this week, Hunt pledged to enact steep new spending reductions and rein in an energy-price freeze while hinting that more cuts are on the way.
The good news is that the financial markets have not taken further fright at the chaos in the UK’s governing party. Bond yields eased, the pound rallied, and a sense of crisis dissipated -- at least for the moment.
The number of Tory MPs publicly calling for Truss to quit swelled to 14 after a catastrophic 24 hours for her premiership.
On Wednesday (October 19), Truss abruptly fired Home Secretary Suella Braverman for a national-security breach. Braverman lashed out at Truss’s “tumultuous” premiership as she resigned and accused the Government of “breaking key pledges,” including immigration policy. Her departure came just five days after Truss sacked Kwasi Kwarteng as chancellor.
Prime Minister Liz Truss resigned on Thursday following her failed tax-cutting budget that rocked financial markets and led to a revolt within her own Conservative Party.
- Factbox: Windfall taxes, spending cuts on table as Hunt tries to fix UK budget (Reuters)
- Amendments to the surcharge on banking companies (UK Government)
- UK should review cutting interest on banks' BoE reserves - ex-deputy governor Tucker (Reuters)
- With Liz Truss Flailing, Jeremy Hunt Must Lead (Bloomberg)