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Added on the 15/03/2023 12:19:29 - Copyright : AFPTV - First images
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
UK Chancellor Kwasi Kwarteng leaves Number 11 Downing Street ahead of unveiling multi-billion-pound measures aimed at supporting households and businesses hit by the highest inflation in decades in a budget announcement in parliament. Kwarteng said he would scrap a tax on salaries recently implemented by his predecessor Rishi Sunak -- and will reveal the cost of the new government's plan to cap energy bills for households and business. 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
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 finance minister Philip Hammond presents his budget amid concerns over the cost of leaving the European Union. IMAGES of Philipp Hammond in Downing Street with the Budget Box
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