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Evening Standard
Evening Standard
Business
Bloomberg

IMF cautions against UK cutting taxes in upcoming Budget

The UK government shouldn’t cut taxes in the budget because it needs the money to invest in public services and get the national debt under control, the International Monetary Fund said.

The intervention from the Washington-based institution comes just over a month before Jeremy Hunt unveils what could be the last major fiscal event before a national election likely to be held later this year. 

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