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Added on the 06/03/2024 12:19:22 - Copyright : AFPTV - First images
UK Chancellor of the Exchequer (finance minister) Jeremy Hunt makes the traditional appearance with the Secretary of State's red box as he leaves 11 Downing Street to deliver his first budget to Parliament. The budget is expected to include more help on soaring energy bills and childcare costs, but the government is set to stand firm on rising public sector pay demands as the country endures a fresh wave of strikes. On Wednesday, teachers, civil servants, junior doctors, BBC journalists and London Tube drivers all walked out with UK inflation remaining above 10 percent. IMAGES
Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE
UK Chancellor Kwasi Kwarteng leaves Number 11 Downing Street ahead of unveiling multi-billion-pound measures aimed at supporting households and businesses hit by the highest inflation in decades in a budget announcement in parliament. Kwarteng said he would scrap a tax on salaries recently implemented by his predecessor Rishi Sunak -- and will reveal the cost of the new government's plan to cap energy bills for households and business. IMAGES
UK Finance Minister Rishi Sunak departs No. 11 Downing Street to deliver the national budget in Parliament, in which he is expected to extend several schemes to support the economy through the Covid-19 pandemic while making moves to shore up government revenues. IMAGES
British finance minister Philip Hammond presents his budget amid concerns over the cost of leaving the European Union. IMAGES of Philipp Hammond in Downing Street with the Budget Box
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