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and said untargeted fiscal packages were not recommended during a period of high inflation. it warned the government its mini budget risked increasing inequality. that is all about the proposed tax cuts. the white house also criticised the government�*s policy — saying it was important to focus on "fiscal prudence, and fiscal discipline". the pound dipped in asian trade this morning — standing at around $1.06. the imf said that the government�*s fiscal plan in late november would give it an opportunity to �*re—evaluate�* tax measures — "especially those that benefit high income earners." today�*s action from the bank of england and the imf follow government proposals that would scrap the top rate of income tax and end a cap on bankers�* bonuses, among other measures. the announcement on friday sparked financial turmoil, as investors dumped the pound and uk debt. on monday the pound fell to record lows against the dollar. some of the country�*s biggest