UK pledges tax avoidance crackdown, welfare cuts

London • Britain’s Treasury chief pledged Wednesday to crack down on tax avoidance and evasion as he delivered the first budget put forward by an all-Conservative government in nearly two decades. Freed from the constraints of his previous government’s Liberal Democrat coalition partners, Treasury chief George Osborne also announced major cuts to welfare spending in a budget that pledged to “put economic security first,” in a country still struggling with the aftermath of the 2008 financial cris...

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