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The Independent UK
The Independent UK
Nick Lester

Iran war: Families will bear the cost of instability, says Chancellor Rachel Reeves

Families and businesses across Britain are shouldering the burden of instability "they did not cause", the Chancellor has declared, as the UK leads efforts to reopen the strategic Strait of Hormuz.

Rachel Reeves made the comments ahead of her trip to the International Monetary Fund’s spring meetings in Washington DC.

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