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New UK Chancellor reverses alcohol duty freeze
The Editors, 17.10.2022
After a tumultuous week, Jeremy Hunt has reversed most of the recent mini-budget initiatives in the UK including a freeze on alcohol duties and VAT-free shopping for visitors.
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In what's been described as possibly the biggest U-turn in British economics history, the new UK Chancellor has reversed nearly all tax measures set out in the mini-budget just three weeks ago.