Your Saturday UK Briefing: Hunt’s Big Budget Faces Rough Go

Jeremy Hunt's UK budget injects over £20bn to cushion against rising energy and childcare costs, as the FTSE 100 plunges. BOE's decision on monetary policy on knife-edge.

March 19, 2023 . 4:23 AM

1 min read

Jeremy Hunt's budget injects over £20 billion to cushion against rising energy and childcare costs.
FTSE 100 plunges almost 4% due to turmoil at Credit Suisse and Silicon Valley Bank's collapse.
Hunt removes lifetime allowance on pensions for older Britons to return or remain at work.
BOE's decision on monetary policy on a knife-edge due to turmoil in the banking sector.
Education unions agree to begin talks with the government to end waves of walkouts by teachers and healthcare workers.