The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget

The UK government announced cuts to household energy bills, increased taxes on banks, and allocated additional spending toward defense, Ukraine support, and artificial intelligence development. The budget redirected billions of pounds across these areas as part of the government's fiscal plan. Specific spending amounts and implementation dates were included in the official budget announcement.

• CNBC — The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget

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