New U.K. Chancellor Jeremy Hunt is expected to reveal more details on which taxes will rise and where spending cuts will be made to try to put the country's finances on a stronger footing
LONDON—New U.K.
Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he looks to reassure markets that were spooked by Prime Minister Liz Truss’s previousThe statement is expected to reveal more details on which taxes will rise and where spending cuts will be made to try to put the U.K.’s finances on a stronger footing.
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