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The UK scraps a proposed tax cut for the wealthy that sparked market turmoil

British Prime Minister Liz Truss at the Conservative Party annual conference in Birmingham, England on Sunday. Truss and her Treasury chief have spent the last 10 days defending the cut in the face of market mayhem. (AP)
British Prime Minister Liz Truss at the Conservative Party annual conference in Birmingham, England on Sunday. Truss and her Treasury chief have spent the last 10 days defending the cut in the face of market mayhem. (AP)

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