The U.K.’s New Financial Chief Reversed Almost All Tax Cuts
London, U.K., The U.K.’s new Chancellor of the Exchequer Jeremy Hunt reversed almost of the country’s recently announced tax cuts trying to calm volatile markets and political pressure.
British Pound Hit a Record Low Against the U.S. Dollar
With concerns fom investors about the new United Kingdom’s government’s approach to tax cuts and plans to help economic growth, the British Pound hit a record low against the United…