News / Spotlight

UK Economic Crisis

Saturday, 15 October 2022 8:53 PM [ Last Update: Sunday, 16 October 2022 12:46 AM ]

UKs new finance minister has signaled U-turn on unpopular economic plan, announcing plans to revise controversial tax policy of his predecessor.

Britains PM Truss unveiled controversial economic plan after taking office last month, when she sacrificed ex-finance minister and scrapped economic tax plan in fight to survive. New Finance minister due to announce UKs medium-term budget plans on October 31.

This edition of spotlight looks at how the UK is grappling with high inflation and slow economic growth with panelists Tony Gosling, historian and journalist from London and Mahmoud Refaat president of The European Institute for International Law from Stockholm.

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