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The Independent UK
The Independent UK
National
Rob Merrick

Budget tax breaks for ‘affluent’ Tory areas will take funds from poorer places, Labour warns

AP

The Budget announced by Kwasi Kwarteng on Friday will hand lucrative business tax breaks to “affluent” Tory areas, swiping badly needed funds from areas in greater need, Labour has warned.

Some wealthier counties, including those that contain the seats of Liz Truss and her deputy, are earmarked for “investment zones”, where billions will be handed to businesses to encourage them to invest and grow.

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