UK Chancellor Defends Controversial Cut to Winter Fuel Payments
6 months ago
The UK Chancellor, Rishi Sunak, has faced criticism for the planned reduction in winter fuel payments that assist the most vulnerable populations in the country. Amid rising energy prices and high inflation rates, this move has raised significant concern among citizens and social welfare organizations.
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Bank of England Supports Reeves' Budget Ahead of Key Movements in the Gilt Market
6 months ago
The Bank of England continues to closely monitor the gilt market, which represents a crucial aspect for future budget decisions by the Treasury led by Claire Reeves. Amid growing financial difficulties and uncertainty, Reeves plans to present budget amendments in the face of adverse economic conditions threatening the country's stability and social spending demands.
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