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UK Chancellor to fast track tax, spending measures_我的网站

一 |     London, Oct 17 (UNI) In a bid to help reassure jittery UK markets before they opened on Monday, the Liz Truss government announced Chancellor Jeremy Hunt will fast track both tax and spending measures.

Announcements by lunchtime and then a statement to the House of Commons will see many billions more in reversals of policy, to plug a hole in borrowing forecasts worth tens of billions, the BBC reported.

"The Chancellor will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability," a Treasury spokesman said.

It is the latest of a series of U-turns on policies announced in the mini-budget. Many billions of pounds worth of tax and spending measures from his debt plan will be fast tracked as per the announcement that came a fortnight earlier than expected.

The Treasury will outline details of the plans later in the day, the BBC reported.

The pound gained around 0.5 per cent higher in early Asia trade on Monday to trade above $1.12.

The announcement of the 18 billion pound U-turn on corporation tax on Friday and the firing of Kwasi Kwarteng as chancellor did not calm rising UK government borrowing costs.

On Sunday, Hunt told the media that nothing was off the table.

UNI ING。    Tehran, Oct 16 (UNI) Iranian Foreign Ministry spokesman Nasser Kanaani criticized US President Joe Biden for his remarks on the protests that swept across Iran after the death of 22-year-old Mahsa Amini and his comments about the country's leadership.
During his speech at Irvine Valley Community College in California on Saturday, Biden said that he was "stunned" by the wave of demonstrations in Iran, noting that the US stands with "the brave women of Iran."
"Ever since the recent events [protests and riots] in Iran, just as he did yesterday, on Saturday, US President Joe Biden yet again supported the unrest in Iran with his statements... Your habit [addressed to Biden] is to fish in troubled waters. But remember, this is Iran," Kanaani was quoted as saying by Iranian news agency ISNA.
The official noted that Tehran was not surprised by Washington's comments, while "aggression and interference in domestic affairs are inherent in US politics and lie at its core."
Mass protests started in Iran after the death of 22-year old Amini on September 16 after her detention by the controversial morality police over "improper" hijab wear. Over 40 people were reportedly killed and 100 others injured during violent demonstrations.
Tehran claimed that the unrest was instigated from abroad and handed notes of protest to the ambassadors of the United Kingdom and Norway, along with the French chargé d'affaires in connection with what Iran believes was propaganda of subversive, anti-Iranian messages in their media, as well as calls for a government coup in Iran.
UNI/SPUTNIK GNK。

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