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The Independent UK
The Independent UK
Kate Devlin

Rachel Reeves denies lying about Budget black hole to justify £26bn tax hikes

Rachel Reeves has denied lying to the public over the state of the country's finances to justify £26bn worth of tax hikes in the Budget.

The chancellor is facing calls to quit, and the Conservatives have called for an investigation by the Financial Conduct Authority amid claims she had exaggerated the scale of the shortfall to win support for her Budget.

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