{"id":259700,"date":"2022-10-17T10:01:00","date_gmt":"2022-10-17T15:01:00","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=259700"},"modified":"2022-10-17T10:53:37","modified_gmt":"2022-10-17T15:53:37","slug":"trussonomics-axed-by-uk-treasury-chief","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=259700","title":{"rendered":"&#8216;Trussonomics&#8217; Axed By UK Treasury Chief"},"content":{"rendered":"\n<p>London (AP) \u2014 New U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, including a planned cut in income taxes. Hunt said Monday he was scrapping \u201calmost all\u201d the tax cuts announced last month by the Conservative government and also signaled that public spending cuts are on the way. It was a bid to soothe turbulent financial markets spooked by fears of excessive government borrowing. Hunt said a planned 1 percentage point cut to the basic rate of income tax that had been due to take effect next year won\u2019t happen. He also scaled back a cap on energy prices designed to help households pay their bills.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London (AP) \u2014 New U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, including a planned cut in income taxes. Hunt said Monday he was scrapping \u201calmost all\u201d the tax cuts announced last month by the Conservative government and also [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":259703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[],"class_list":["post-259700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worldnews"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/259700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=259700"}],"version-history":[{"count":2,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/259700\/revisions"}],"predecessor-version":[{"id":259712,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/259700\/revisions\/259712"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/259703"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=259700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=259700"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=259700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}