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Sunday, Aug 07, 2022

UK think-tank says Sunak has cost taxpayers 11 billion pounds on rate hit

UK think-tank says Sunak has cost taxpayers 11 billion pounds on rate hit

A think-tank has estimated that British taxpayers are facing an 11-billion-pound ($13.7 billion) hit after finance minister Rishi Sunak failed to heed its advice on how to manage the public finances against the cost of rising interest rates.
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