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The Inflation Reduction Act of 2022 ( IRA) is a landmark [1] [2] United States federal law which aims to curb inflation by possibly reducing the federal government budget deficit, lowering prescription drug prices, and investing into domestic energy production while promoting clean energy.
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom ( UK) or Britain, [l] is a country in Northwestern Europe, off the coast of the continental mainland. [14] [15] It comprises England, Scotland, Wales, and Northern Ireland.
His Majesty's Government (abbreviated to HM Government, and commonly known as the Government of the United Kingdom) is the central executive authority of the United Kingdom of Great Britain and Northern Ireland. [2] [3] The government is led by the prime minister (currently Rishi Sunak, since 25 October 2022) who selects all the other ministers ...
In the financial year 2023/24, 51% of revenue expenditure is expected to come from UK Government grants, 31% from council tax and 15% from retained business rates. [28] Local government can also receive some money from fees and charges for the use of services, returns and interest from investments , commercial income, fixed penalty notices and ...
Oliver James Dowden CBE (born 1 August 1978) is a British politician and the current Deputy Prime Minister of the United Kingdom. A member of the Conservative Party, he is also Chancellor of the Duchy of Lancaster and Secretary of State in the Cabinet Office [1] [2] and has been the Member of Parliament (MP) for Hertsmere since 2015.
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