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Britain's Chancellor of the Exchequer Jeremy Hunt walks at Downing Street in London

More Britons to pay top income tax rate in budget squeeze

More Britons will pay the top rate of income tax under government plans announced on Thursday to freeze allowances and lower the level at which people start to pay the highest rate as part of measures to stabilise public finances.
Britain's new cabinet meeting at Number 10 Downing Street, London

UK to turn page on 'Trussonomics' with budget plan

Finance minister Jeremy Hunt will bury Britain's failed "Trussonomics" experiment on Thursday by cutting spending and raising taxes, moves that he and Prime Minister Rishi Sunak say are needed to restore investor confidence.
Keelie Topping shops in the parish of the Church of St Matthew the Apostle in Burnley, England

In Burnley, Britain's cost of living crisis hits home

Skipping lunch each day and watching television in blankets to keep warm is not how Ann and Keith Hartley envisaged their retirement in Burnley, the northern English town hit hardest by Britain's cost of living crisis.
UK Unemployment

Jobless rate rises as UK prepares to tighten belts again

Britain's unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, official data showed on Tuesday, ahead of a tough government budget plan later this week.