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Joe Biden drops out of US presidential race

FT News Briefing

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Navigating Financial Challenges: The Chancellor's Strategic Approach

This chapter examines the new chancellor's strategies to tackle the financial issues left by the previous government, particularly emphasizing the urgent funding needs of public services like the prison system. It outlines potential actions such as blaming past administrations, contemplating minor tax hikes, and seeking additional borrowing to alleviate the budget crisis.

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