The Uk Government Is Proposing Tax Cuts As The Country Prepares For Recession
Rob Pinney | News Getty Images | Getty Images LONDON — The United Kingdom’s new government announced a sweeping program of tax cuts and investment incentives on Friday as Prime Minister Liz Truss seeks to boost the country’s faltering economic growth. Speaking in the House of Commons, Finance Minister Kwasi Kwarteng said the government wanted a “new approach for a new growth-focused era” and was targeting a medium-term growth rate of 2....