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‘Last chance saloon’: UK finance minister expected to pledge pre-election tax cuts

IMF warns British government against more tax cuts

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year.

Hannah Mckay | Reuters

LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday.

Heading into what will likely be the Conservative government’s last fiscal event before the country’s upcoming General Election, Hunt is under…


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