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UK Treasury chief to set out tax-slashing emergency budget

Por: ABC News World September 23, 2022

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LONDON -- The U.K. government is expected to publish an emergency budget statement Friday outlining how it plans to slash , tame soaring inflation and boost economic growth as a recession looms on the horizon.Treasury chief Kwasi Kwarteng’s “mini-budget,” to be presented to lawmakers, is expected to scrap a planned increase in corporation tax. Prime Minister Liz Truss, who became the U.K.’s leader less than three weeks ago, has... + full article



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