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UK Finance Minister Rishi Sunak on Wednesday gambled on a budget spending package to help Britain recover from the Covid pandemic with a string signal that tax cuts would arrive before the next election.
UK public borrowing fell by almost half in the first six months of the financial year as it continued to recover from the impact of the Covid-19 pandemic, according to official data released on Thursday.
A fire has broken out on at the Mina al-Ahmadi oil refinery in Kuwait but operations and exports have not been affected, the Kuwait National Petroleum Company (KNPC) said on Monday.
