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GLOBALink | UK unveils new budget with tax hikes of 40 bln pounds

Source: Xinhua

Editor: huaxia

2024-10-31 05:29:33

The Labour Party government on Wednesday unveiled its first budget since returning to power in July after 14 years, outlining plans to raise taxes by 40 billion pounds (51.9 billion U.S. dollars) a year. 

Produced by Xinhua Global Service

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