George Osborne climbs down on tax credits
George Osborne climbs down on tax credits
FT News in Focus · Financial Times
November 25, 20154m 1s
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Show Notes
George Osborne, UK chancellor, has backed away from controversial cuts to tax credits for the poor as he sought to soften the blow from the deepest public spending cuts for a generation. Daniel Garrahan spoke to George Parker, the FT's chief political correspondent, about the climbdown.
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