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UK government reverses course on fiscal plan that rattled markets

Por: The Boston Globe World October 14, 2022

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LONDON — In a stark retreat, Prime Minister Liz Truss of Britain on Friday fired her finance minister and partly reversed a tax plan that had rattled global financial markets, unsettled investors, and set off a spiraling crisis that still threatens her political survival.In a brief news conference from Downing Street, she vowed to raise the country’s corporate tax rate after promising last month not to do so. The increased taxes will help... + full article



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