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UK shares slip after Hunt's new budget raises taxes, squeezes spending
Jeremy Hunt hikes taxes, squeezes spending
*Read moreThu, 02nd Dec 2021 09:33
Jeremy Hunt hikes taxes, squeezes spending
*Read more(Alliance News) - London's FTSE 100 made a stellar recovery in the final hours of trading after suffering early afternoon malaise in the wake of the Chancellor's autumn statement.
Read moreLONDON, Nov 17 (Reuters) - London-listed power generators shares rose on Thursday after British finance minister Jeremy Hunt said the average household energy bill would rise and kept a price cap until 2024.
Read moreLONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices.
Read moreLONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024.
Read moreLONDON, Nov 17 (Reuters) - Sterling and government bond prices fell on Thursday after British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a tough budget plan.
Read more(Sharecast News) - Shares in energy firms initially slumped on Thursday after Chancellor Jeremy Hunt outlined new windfall taxes in his Autumn Statement, but prices quickly recovered.
Read moreLONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills.
Read moreLONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money.
Read moreLONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances.
Read moreMain U.S. indexes advance: Nasdaq up ~1.6%
*Read moreMain U.S. indexes advance: Nasdaq up ~2.1%
*Read moreMain U.S. indexes advance: Nasdaq up ~2.3%
*Read moreMain U.S. indexes advance: Nasdaq up ~2.5%
*Read more