London: Britain has presented a new budget, the budget speech has also announced a new plan to bring people over the age of 50 back to work.
According to the British media, British Chancellor of the Exchequer Jeremy Hunt has presented the budget for the new financial year, reforms related to benefits, childcare and pensions have been announced in the new financial year budget.
In the budget, the price cap scheme of 2500 pounds per year has been extended for 3 months, under the pre-payment meter, consumers will not have to pay extra money, saving four million households 45 pounds per year. Will be.
With Britain facing a severe labor shortage due to strikes, the British government has stepped up its efforts to put more people to work and make the country an attractive place for investment, Wednesday’s budget said. Free childcare, expansion of household energy subsidies and increased incentives for business investment were announced.
Britain is currently facing double-digit inflation, rising interest rates and widespread labor strikes, with the new budget Prime Minister Rishi Sunak promising in January to expand the economy this year and bring it out of recession. must be fulfilled.
According to the budget, 11 billion pounds will be spent on defense in the UK over the next five years.
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