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Watch Business Live with Ian King: Chancellor abolishes 'non-dom' tax breaks and cuts NI by 2p

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Ian King is presenting from Ipswich to look at the budget's impact on business and the economy.

Chancellor Jeremy Hunt said tax cuts were possible because of the progress made in bringing down inflation - with forecasts suggesting it will fall to the target level of 2% within months.

The UK economy is expected to grow by 0.8% this year, and 1.9% in 2025

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