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Credit: Andrew Parsons / No 10 Downing Street
PM replaces Chancellor and reverses plans to abolish 45p corporation tax rate, but experts warn spending cuts likely still needed to fill hole left by remaining uncosted tax cuts
Liz Truss has signalled real-terms spending cuts could be the way as the embattled Prime Minister confirmed a screeching fiscal policy U-turn and the sacking of her Chancellor Kwasi Kwarteng this afternoon,...
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