austerity

Britain brings back austerity.  Here's why |  CNN Business

Britain brings back austerity. Here’s why | CNN Business

London CNN Business — The last time a UK finance minister revealed tax and spending plans, the markets went haywire and the country’s prime minister eventually lost her job. The new government is not looking for repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget that will aim to restore confidence …

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The British government will usher in a new era of austerity to restore market confidence

The British government will usher in a new era of austerity to restore market confidence

Chancellor of the Exchequer Jeremy Hunt arrives at the rear entrance to Downing Street, London. Aaron Chown – Pa Images | Pa pictures | Getty Images LONDON — Britain’s new finance minister, Jeremy Hunt, is set to weigh the country’s economic peril against his party’s political survival on Thursday as he delivers a long-awaited budget …

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