Monday, December 5, 2022

UK finance minister Hunt is mulling up to 20 billion pounds of tax rises, the Telegraph reports

UK finance minister Hunt is mulling up to 20 billion pounds of tax rises, the Telegraph reports

LONDON (Reuters) - British finance minister Jeremy Hunt is considering up to 20 billion pounds of tax rises in a budget that is due to be set out on Oct. 31, the Telegraph reported on Saturday.

The report, which did not cite sources, said Hunt could seek to reform capital gains rules and ditch a two-year government-funded removal of green levies from energy bills.