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Darling to make tax statement

The Chancellor is to make a statement on the proposed compensation package for people who lost out as a result of the scrapping of the 10p rate of tax.

Alistair Darling's statement will set out his thinking on the compensation package. Full details will be revealed in the Pre-Budget Report in the autumn.

Mr Darling briefed ministers on his plans at an hour-long Cabinet meeting, during a discussion about the economy.

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