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New UK finance minister tears up tottering PM's agenda

Britain's new finance minister on Saturday warned of looming tax hikes as he admitted to "mistakes" made in a disastrous budget that still threatens to bring down Prime Minister Liz Truss."Truss fights for survival," The Times newspaper headlined a day after she forced chancellor of the exchequer Kwasi Kwarteng to carry the can for market turmoil sparked by their budget on September 23.

from UK News Headlines, Latest UK News and Live Updates - Times of India https://ift.tt/gBowaT0

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