UK Budget: Hunt pledges reforms to spur slow economy

By David Milliken, Kylie MacLellan and Andy Bruce LONDON (Reuters) – Finance minister Jeremy Hunt announced on Wednesday a plan that he hopes will speed up Britain’s stagnating economy, including childcare and pension reforms to get more people into work and corporate tax breaks to boost weak business investment. Saying the world’s sixth-biggest economy was now set to avoid a recession this year – even if it will still contract – Hunt said he would extend help for households hit by soaring energy bills and freeze a tax on fuel. “In the face of enormous challenges, I report today on a British e…

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