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flag IMF warns UK Chancellor of fiscal challenges, advises tax changes or spending cuts amid economic uncertainty.

flag The IMF has warned UK Chancellor Rachel Reeves about significant challenges in delivering the government's economic agenda due to limited public finances. flag The UK's fiscal space is constrained, leaving little room to handle unexpected economic shocks. flag The IMF recommends considering tax changes or spending cuts and reducing fiscal policy assessments by the Office for Budget Responsibility to once a year. flag The global trade war and potential growth disappointments add to the financial uncertainty.

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