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UK cuts growth forecasts for 2 years in first budget plan since Brexit vote

GDP seen growing 1.4% in 2017, compared to 2.2% estimate made in March
Thursday, November 24, 2016 - 05:50

London

BRITAIN has cut its official forecasts for economic growth for the next two years, Chancellor of the Exchequer, Philip Hammond, said on Wednesday, as he delivered the country's first budget statement since voters decided to leave the European Union.

The weak public finances

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