No tax cuts yet, UK finance minister tells Conservatives ...Middle East

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British finance minister Jeremy Hunt poured cold water on growing calls for tax cuts within the governing Conservative Party on Monday, saying he could not commit to any "inflationary" reduction before the next election. Before his speech at the party's annual conference in the northern city of Manchester, Hunt was keen to announce a rise in the minimum wage for workers over 23 years old to at least 11 pounds ($13.42) an hour from 10.42 pounds.

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