YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Xinhua world news summary at 1530 GMT, Oct. 17

LONDON — The United Kingdom government on Monday announced a reversal of the bulk of its September tax-cutting measures in yet another emergency action to ensure economic stability and provide confidence in its commitment to fiscal discipline.

The basic rate of income tax is set to remain at 20 percent until economic conditions allow for it to be cut, Chancellor of the Exchequer Jeremy Hunt said in a statement.