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UK Chancellor John Healey Unveils Budget With Higher Gambling Taxes and Welfare Boost
The fiscal package increases taxes on banks and slot machines while expanding wage and energy support amid market scrutiny.
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The fiscal package increases taxes on banks and slot machines while expanding wage and energy support amid market scrutiny.
The British government announced tax adjustments and household support while balancing tighter fiscal limits.
The Treasury chief takes the floor at 12:30 p.m. GMT with plans targeting energy costs, savings, and tariffs.
The upcoming budget includes the removal of a controversial benefit cliff-edge and a planned increase to the national minimum wage.
As the UK prepares for Chancellor John Healey's upcoming fiscal plan, markets remain steady while potential adjustments to the state pension and personal allowance loom.