'Tax cuts were a mistake,' says UK's new Chancellor Jeremy Hunt

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The UK's newly appointed Chancellor of the Exchequer Jeremy Hunt admitted that 'tax cuts were a mistake'. He also signaled an increase in taxes in the coming days. The Chancellor's statement signals another policy U-turn by Prime Minister Liz Truss.

#UK #jeremyhunt #liztruss

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Scotland needs to leave the UK before it goes bust.

johnnicolson
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Colonizing countries, looting their wealth, abusing and humiliating the natives for their age old time tested customs etc are also the major factors which leads to economic disaster.

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Funding other country war leads to bankruptcy

kk-gotn
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Kwasi Kwarteng has been made a scapegoat

richardnyarko
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Miscalculation. Without a financial backlash, the rich would’ve continued helping themselves.

thekittyqueen
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Looting and klepto typical royal family mannerisms.

rubysilan
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Both Boar Johnson and Lizard Truss are 5D Economy Chess players.🤣🤡🤡🤡

selvammaniamawasi
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marrying within family is okay in chuslam ☪️🐖🤮

boros
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Tax cuts and tax rises are both wrong..

joelc
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So Sunak should be PM and Jeremy finance minister! Just replace Lizard please✔️✔️✔️✔️

rk-ljsm
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Tax corporations and the wealthy. Leave the precarious working class alone.

MundaSquire
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"Stealing less of people's money is a mistake"

johnmknox
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Good for them people of UK to have a new chancellor

erdcssjjjsjjsj
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Maybe he should come to the United States and give seminars to our politicians about this "mistake".

SaukTrail
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Just impose Taxes on parasite Royal family members .😒😒😒 It will be Great Help to the Country

vizzz........
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Tax cuts for the rich would hurt the economy. Tax cuts for the poor help an economy. Simple econ101.

ganje
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hello hunt!!!
increase rate to 100%
is intrest rate more than 100%
😆😆😆 evil is everywhere nowday👎🙏

abuhasanali
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This is Called Karma for Having Lizzy the Dizzy as PM on England, well Britain already Enjoyed India Abundance during Collonizing era
So it Is Time For England to taste Bitterness of Karma from Collonisation
Jay Bharat Jay Bolenath
🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳😎🛰🛰🛰🚀🚀🚀
India will grow much Stronger Better than UK 😎

streetscienceofficial
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but you won.
don't you want your prize?

tedcrilly
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We are back to the old ways of the Tories cut and make all suffer. Not doing the job that they were voted in for and that was Brexit. This policy is to be expected from a failed politician, the easy way out. He should have been a Labourite, trying to make the rich investors suffer, but only making the poor poorer. Under his stewardship the economy will be stagnant and all will suffer by his actions

deswillis