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Friday, November 22, 2024

Can the Conservative government’s budget win over British voters? | Business and Economy

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Britain is cutting taxes for workers again ahead of elections.

Britain slipped into recession late last year, and many people and businesses are struggling with a high cost of living.

The Conservative Party is battling for its electoral future against a bleak economic backdrop.
Britain’s spring budget of 2024 was seen as a chance for Chancellor of the Exchequer Jeremy Hunt to offer voters some sweeteners. The Conservative government is trailing Labour in the polls, and has proposed a second tax cut in four months.

There are surprise overhauls in cash-strapped Egypt … followed by billions of dollars in loans and foreign investments.

Meanwhile, Bitcoin is rocketing. Is cryptocurrency making a comeback?



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