UK Budget date kickstarts huge election year
Add BT as a preferred source
THE week between Christmas and New Year is traditionally a time for UK politics to take a holiday. However, Dec 27 saw UK Finance Minister Jeremy Hunt fire the starting guns on the 2024 general election campaign, announcing a Mar 6 date for his annual budget.
This announcement will fuel speculation that Prime Minister Rishi Sunak could call the election in the first half of 2024. However, whenever the timing is, the most likely scenario is a significant change in UK politics which will have key international implications, not only domestic ones.
To be sure, there may be some significant continuity in UK foreign policy to begin with. This includes issues such as strong UK support for Ukraine in its fight against Russia.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Passing on values comes into focus as Asean’s family businesses hand over the reins
