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UK's Liz Truss abandons tax cuts, axes finance chief

Por: Fox Business Business October 14, 2022

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Check out what's clicking on FoxBusiness.com U.K. Prime Minister Liz Truss fired her Treasury chief and reversed course on a significant part of on Friday to bring calm after weeks of political and financial turmoil in the nation. Truss, who has been in office only six weeks, announced in a press conference that she had scrapped roughly 20 billion pounds worth of tax cuts proposed by the government last month, saying she was acting to... + full article



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