The Take: Treasury Chief Secretary bullish over surprise tax cuts

Sky News published this video item, entitled “The Take: Treasury Chief Secretary bullish over surprise tax cuts” – below is their description.

Chief Secretary to the Treasury Chris Philip MP says that the government will stick to it’s surprise tax cuts and additional borrowing, despite huge shocks in financial markets.

It comes as the Bank of England intervened by buying government bonds to protect the UK’s pension system.

See the full story here: https://bit.ly/3y4rZFB

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Sky News YouTube Channel

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About This Source - Sky News

Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

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The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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