Jeremy Hunt, Britain's new chancellor of the exchequer, reversed almost all the remaining tax measures made in his predecessor's "mini-budget" three weeks ago. The basic rate of tax will remain at 20% indefinitely and the scope of a cap on the price of energy will now be reviewed next April. Mr.Hunt went further with this U-turn than even the markets had been expecting. The pound rose on the news. These measures signal the end of the prime minister's signature economic policies, leaving Liz Truss in a perilous political position.
Source: The Economist
- exchequer (=treasury) 국고, 국가재정
- predecessor 전임자, 이전 것
- indefinitely 무기한으로
- cap 한도
- go further 더 나아가
- on the news 뉴스에 나오다
- signal the end of ~ ~의 종말/끝을 알리다
- perilous (=hazardous) 아주 위험한
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