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UK to Direct Profits of Banks, Energy Companies to Stabilize Public Debt, Reports Say

UK to Direct Profits of Banks, Energy Companies to Stabilize Public Debt, Reports Say

MOSCOW (Sputnik) – New UK Chancellor of the Exchequer Jeremy Hunt is planning to use profits of banks and oil and gas companies to stabilize the public debt of 40 billion pounds ($45 billion) after the failed economic policy of Prime Minister Liz Truss, the Financial Times reported on Wednesday.

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