Britain is trapped..!? Rishi Sunak's government broke the truth..!

When people in the world are afraid of recession, the economy and growth indicators of many countries are facing a major decline. However, when no country has opened its mouth about the recession, the Rishi Sunak government of britain has broken the truth. In this situation, the british finance minister has said an important thing. Fear has increased among people not only in britain but also in countries around the world.
Even though the 2008 international financial crisis is a reminder of what can happen if a recession is officially declared, with more workers facing layoffs before the recession hits, many economists say the recession is bound to be more damaging. Britain's Chancellor of the Exchequer, Jeremy Hunt, said on thursday that britain is already in recession. It is noteworthy that no country has officially declared that it has gone into recession so far.Rishi Sunak's government is set to announce around €55bn worth of tax hikes and spending cuts even as the UK economy slips into recession. Britain's Finance minister Jeremy Hunt has said that an important budget that cuts costs is necessary to improve the country's financial position and poor economy. Even though Britain's economy has gone into recession, the Rishi Sunak government is going to announce a tax hike and spending cut plan worth about 55 billion euros. Britain's finance minister Jeremy Hunt has said that an important budget to reduce costs is necessary to improve the country's financial position and the poor economy. Reducing inflation in the UK is an important goal for the Rishi Sunak government. Inflation is eating away at all people's incomes, savings and growth, Finance minister Jeremy Hunt said. Britain's inflation data for october showed the country's inflation rose to a 41-year high of 11.1 percent in the period. Fuel costs are a major factor affecting the UK economy. Since the start of the Russia-Ukraine war, britain and europe have been hit hard by fuel shortages and rising prices. As the Russia-Ukraine war escalates by the day, the latest attack has hit Ukraine's power infrastructure.
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britain is trapped

Sowmiya Sriram

18/11/2022 01:55 PM