Foreign aid budget cut to 0.5 per cent of GDP with no end date set

(Independent) Around £4bn will be slashed from overseas aid next year, the Chancellor has announced – as he refused to set a date for restoring the lost funding. As expected, Rishi Sunak cut spending to 0.5 per cent of national income, breaking the Conservative election manifesto pledge of 0.7 per cent. The move triggered shouts of “shame” and “terrible” from Opposition MPs in the...

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Commons Conservative Opposition Rishi Sunak UK