UK finance minister Jeremy Hunt poses with the red budget box outside his office on Downing Street in London on March 6.
Mandatory Credit:	Hannah McKay/Reuters via CNN Newsource

UK finance minister Jeremy Hunt poses with the red budget box outside his office on Downing Street in London on March 6.
Mandatory Credit: Hannah McKay/Reuters via CNN Newsource

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Cash-strapped Britain cuts taxes for workers; election looms

UK finance minister Jeremy Hunt announced a tax cut for workers Wednesday as he unveiled what is likely to be the government’s last budget before a general election later this year.