Britain's Chancellor of the Exchequer Jeremy Hunt poses for the media with his traditional Red ministerial box as he leaves 11 Downing Street for the House of Commons to deliver the Budget in London, Wednesday, March 15, 2023. (AP Photo/Frank Augstein)
March 18, 2023
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March 18, 2023 midnight
UK Treasury chief predicts no recession in Britain this year
The U.K. is likely to avoid a recession this year, Treasury chief Jeremy Hunt said Wednesday, adding a bit of surprise to what had been billed as a boring budget meant to restore confidence and stability in the nation's finances.