UK finance minister Jeremy Hunt has officially declared that his nation is in a recession.
He expects the economy to shrink even further in the next fiscal year.
The incumbent chancellor has laid out his plans for tackling rising inflation, mindful of the wreckage left by his predecessor's "mini-budget" six weeks ago.
Al Jazeera's @Rory Challands reports.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
@AljazeeraEnglish
#Aljazeeraenglish
#News
#UK
#UnitedKingdom
#economy
He expects the economy to shrink even further in the next fiscal year.
The incumbent chancellor has laid out his plans for tackling rising inflation, mindful of the wreckage left by his predecessor's "mini-budget" six weeks ago.
Al Jazeera's @Rory Challands reports.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
@AljazeeraEnglish
#Aljazeeraenglish
#News
#UK
#UnitedKingdom
#economy
- Category
- World
- Tags
- Al Jazeera, Al Jazeera English, al jazeera
Sign in or sign up to post comments.
Be the first to comment