The British government announced economic stimulus measures such as large -scale tax cuts

Author:Henan Daily Client Time:2022.09.25

The British government announced a series of measures on the 23rd to boost the economy, including large -scale tax cuts and cancellation of banking bonuses.According to Reuters, tax reduction measures involve personal income tax, property tax, overseas tourist shopping consumption tax and corporate tax.Tax reduction will cause fiscal revenue to decrease, and it is estimated that from 2026 to 2027 to pay 45 billion pounds for fiscal year.The Institute of Finance of the British Think Tank believes that this will be the largest tax reduction since 1972.On the same day, the British stock market fell, and the exchange rate against the British pound fell to a new low in 37 years.

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