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public finances

Warning of £2.6bn business rates ‘cliff edge’ for retail and hospitality firms

Retail and hospitality firms could face a £2.66 billion a year rise in business rates in April, experts have warned.Shops, pubs and restaurants currently...

UK’s new Treasury chief set to ax projects to plug financial hole. Hopes rise over doctors strike

LONDON — Britain's new Labour government is set to ax several transport projects Monday in order to plug what it says...

UK is ‘broke and broken,’ new government says as it prepares to tackle shortfall in public finances

LONDON — Britain’s new left-leaning government said Sunday that the nation is “broke and broken,” blaming the situation on its predecessors...

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