Britain Braces for 'Painful' Budget Meant to Recharge the EconomyThe new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.
Source: Britain Braces for 'Painful' Budget Meant to Recharge the Economy (https://www.nytimes.com/2024/10/28/business/britain-budget-taxes.html)