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UK’s Truss makes U-turn on tax after week of market turmoil

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UK's Truss makes U-turn on tax after week of market turmoil

UK’s Truss makes U-turn on tax after week of market turmoil



British Prime Minister Liz Truss was forced into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party.

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