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Reuters
Reuters
Business
By William Schomberg

Analysis-Race for Downing Street drives tax policy split into UK Conservatives

British former Chancellor of the Exchequer Rishi Sunak arrives at a hustings event, part of the Conservative party leadership campaign, in London, Britain July 21, 2022. Reuters/Peter Nicholls

Differences over how to revive Britain's slow-growth, high-inflation economy could hardly be starker within the ruling Conservative Party as the two remaining contenders to become its new leader, and thereby prime minister, clash over tax.

Rishi Sunak wants continuity of the economic policies he introduced as finance minister, promising to keep his focus on fixing the public finances, despite the risk of a recession.

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