UK Chancellor: We have inherited overspending of £22 bilion, not to act isn’t an option

There are rumours of a capital gains tax.

• Disaster of Truss’ mini-budget shows what happens if you don’t take action
• We will cut spending projects worth £8 billion next year
• We will be taking immediate action
• If left unaddressed, this would result in a 25% increase in the budget deficit this year

This article was written by Adam Button at www.forexlive.com.