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Long-term recovery under way but no room for spending spree, CM says in 'prudent' budget announcement 

Chief Minister Fabian Picardo on Monday cut personal tax by 1% and increased corporate tax to 15% in a “prudent” budget that marked the “start of long-term recovery” after the Covid pandemic. In setting out measures including a controversial pollution tax on older vehicles – reversed within hours after a public backlash - Mr Picardo...

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