UK climate leadership seen weakened by aid cut for world’s poor
Thomson Reuters Foundation Britain’s decision to cut its aid budget will likely dent its reputation on the global diplomatic stage and may weaken a push for other wealthy governments to find more funding to help poor nations tackle climate change, aid groups and thinktanks said. UK finance minister Rishi Sunak told parliament on Wednesday that […]
Explainer: Britain’s foreign aid cut: who will feel the impact?
London, UKThomson Reuters Foundation Britain is set to suspend its target of spending 0.7 per cent of gross national income on development aid in a spending review on Wednesday. A temporary reduction in the UK’S overseas aid budget to 0.5 per cent of GDP could save about £4 billion annually. Hundreds of charities have warned the cuts […]