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IMF warns British government against more 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 — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as its chief economist argued the national budget needed the money for public services and growth-friendly investments.

“What we are seeing in the U.K. and a number of other countries is a…


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