UK Chancellor Likely to Reveal Dramatic 'Tax Hikes & Spending Cuts' Amid 41-Year-High Inflation

Britain’s Chancellor of the Exchequer, Jeremy Hunt, is set to unveil a new budget amid a relentlessly growing cost of living crisis, with inflation scaling a 41-year high in October and consumer prices rising 11.1 percent, according to data released by the Office for National Statistics on November 16.