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The Independent UK
The Independent UK
National
Rob Merrick

Minister denies markets fear ‘gamble’ of tax-slashing mini-budget as borrowing costs leap

PA Wire

A government minister has denied the falling pound and rising borrowing costs show markets are worried about today’s mini-budget – insisting growth is what matters.

Simon Clarke also rejected warnings that the Growth Plan – to cut taxes by at least £30bn, including a possible stamp duty reduction – is “a gamble” that will reward the rich rather than the poor.

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