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Saturday, November 16, 2024

U.K. Government Goes Full Tilt on Tax Cuts and Free-Market Economics

LONDON — Britain’s new prime minister, Liz Truss, gambled on Friday that a heavy dose of tax cuts, deregulation and free-market economics would reignite her country’s growth — a radical shift in policy that unnerved global investors already rattled by an energy crisis, surging inflation and the …

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