Kremlin on Thursday stated that it could not engage in negotiations with Kyiv as war continues to rage in Eastern Ukraine. UK Chancellor of Exchequer Jeremy Hunt announced a total of £55 billion plan in tax rises and spending cuts in his autumn budget statement that was aimed to raise cash to support the economy.

Top 10 world news: Ukraine's 'shifting goalposts', UK's Autumn Budget, MH17 downing and more

After two unsuccessful UK Chancellors, new UK Finance Minister Jeremy Hunt is all set to release the Autumn budget, it is his debut and he has to get it right in the very first attempt, not only does he have pressure to kick-start, he also needs to correct his predecessors mistakes in the British economy.

Jeremy Hunt to present UK's autumn budget today, vows to 'restore stability, get inflation down'

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Top 10 world news: Ukraine's 'shifting goalposts', UK's Autumn Budget, MH17 downing and more

Jeremy Hunt to present UK's autumn budget today, vows to 'restore stability, get inflation down'