Hammond warns UK Conservative leadership hopefuls against tax cuts, deregulation

May 29, 2019

LONDON (Reuters) – British finance minister Philip Hammond will on Thursday warn Conservative Party leadership candidates against basing their pitches on tax cuts and deregulation, a source at the finance ministry said.

Hammond will make the remarks at the launch of a report on low pay at the Resolution Foundation, the source said.

(Reporting by William James, writing by Andy Bruce)

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