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  1. Brexit-bound Britain slashes growth forecasts

    by , 11-23-2017 at 02:15 PM
    BRITAIN slashed its growth forecasts for its Brexit-bound economy and expects to borrow sharply more going into the next decade, finance minister Philip Hammond said yesterday as he delivered a gloomy budget statement in parliament.

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    Slower economic growth will mean lower tax revenues, giving Hammond little room for the bold moves that many in his Conservative Party — still smarting from an election mauling in June — are demanding to help ...