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New UK chancellor U-turns on economic plans – BBC News
The UK’s new chancellor, Jeremy Hunt, has ditched almost all of the tax cuts announced by the government three weeks ago. In an effort to calm the financial markets, which have been turbulent since the announcement of Prime Minister Liz Truss and former chancellor Kwasi Kwareng’s mini budget, the chancellor made a series of U-turns. The basic rate of income tax will remain at 20p…
UK's PM Truss fights for survival after sacking chancellor
The United Kingdom’s new chancellor is warning of difficult decisions ahead, including an increase in taxes. Jeremy Hunt made the comments on his first day on the job. Prime Minister Liz Truss sacked his predecessor Kwasi Kwarteng after less than six weeks in the position. She is now in a desperate fight for survival. Al Jazeera’s Neave Barker reports from London. Subscribe to our channel…
UK Prime Minister Liz Truss announces mini-budget U-turn and new chancellor – BBC News
UK Prime Minister Liz Truss has announced Jeremy Hunt as the new Chancellor of the Exchequer after sacking Kwasi Kwarteng. In a press conference, she also announced a U-turn on corporation tax in order to “reassure the markets of our fiscal discipline”. Click here to follow the events live https://bbc.in/3TiWaBa Please subscribe HERE http://bit.ly/1rbfUog #BBCNews
Why are UK Chancellor Rishi Sunak and his wife under pressure over their taxes? – BBC News
An inquiry is under way into how details of UK Chancellor Rishi Sunak’s wife’s tax affairs were leaked to the media. As a “non-dom” UK resident, Akshata Murty has not been required by law to pay UK taxes on her overseas income. However on Friday, Ms Murty announced she will now pay UK taxes on the overseas income she earns. She owns £700m in shares…
Germany's Olaf Scholz takes over from Merkel as chancellor – BBC News
Olaf Scholz has been sworn in as Germany’s new chancellor, bringing an end to Angela Merkel’s historic 16 years as leader. He was voted in by the German parliament, where his three-party coalition has a substantial majority, and given a standing ovation. His centre-left Social Democrats will govern alongside the Greens and the business-friendly Free Democrats. The handover of power marks an end to Merkel’s…
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Early reports about the incident in Yunnan province offered little information about the victims or the attack. [...]
Health minister Lo Chung-mau says people will not have to line up for tickets in future as digital ticketing and registration system is in the works. [...]
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