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Added on the 08/07/2020 10:01:32 - Copyright : France 24 EN
UK Finance Minister Jeremy Hunt poses outside 11 Downing Street with the red, leather-covered box containing his speech before leaving to present the spring budget to parliament. Britain's Conservative government is expected to use the budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election. Prime Minister Rishi Sunak's party, which has been in power since 2010, is well behind the main opposition Labour party in opinion polls and looks likely to be dumped out of office. IMAGES
Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE
The newly-appointed British Chancellor of the Exchequer, Jeremy Hunt, leaves 10 Downing Street after his predecessor Kwasi Kwarteng was sacked by UK Prime Minister Liz Truss. IMAGES
British Business Secretary Kwasi Kwarteng, expected to become the UK's new Chancellor of the Exchequer under Prime Minister Liz Truss, arrives at 10 Downing Street after an official speech by the new British leader. IMAGES
UK Finance Minister Rishi Sunak departs No. 11 Downing Street to deliver the national budget in Parliament, in which he is expected to extend several schemes to support the economy through the Covid-19 pandemic while making moves to shore up government revenues. IMAGES
British Chancellor of the Exchequer Rishi Sunak walks out of 11 Downing Street, before heading to the House of Commons to present his economic spending review. Britain's government, seeking to support the pandemic-ravaged economy and the nation's post-Brexit future, is about to unveil its eagerly-awaited spending plans. IMAGES
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