Pound slides to two-year low against the dollar

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Investors flock to the safe haven dollar over concerns about the outlook for UK economic growth. …

In terms of cutting taxes, “nothing is off the table,” he said. “Companies make investment decisions over the long term. One of the taxes they can compare globally is corporation tax, and I want to take a very careful look at all the measures that I can bring to bear, to bear down on inflation but also return to that dynamic economy that delivers growth.”

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