News / Spotlight

Britain austerity budget

Thursday, 17 November 2022 8:51 PM [ Last Update: Thursday, 17 November 2022 10:23 PM ]

The UK Chancellor has unveiled a new budget to tackle soaring inflation and the cost of living crisis in the UK. But will his plan work? The new budget is supposed to fill a 54-billion-pound black hole in the UK govt. budget.

In this edition of the Spotlight, we will look at that budget, see if it is feasible or just projection-based, and whether the Chancellor's much-dreaded austerity program will help UK’s economy, which is projected to face the worst recession on record.

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