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Britain won’t reverse planned tax cuts, minister says
British Chief Secretary to the Treasury Chris Philp said the tax cuts would go on as scheduled. — Reuters pic

LONDON, Oct 12 — A British Treasury minister said today the government had no plans to reverse a raft of proposed tax cuts, which have roiled financial markets and sparked alarm over how the government plans to finance them.

"There are not any plans to reverse any of the tax measures announced in the Growth Plan,” Chief Secretary to the Treasury Chris Philp told parliament. — Reuters

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