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John Hutton quits Cabinet 'for family reasons'
Go fourth: John Hutton resigns

By Alex Stevenson John Hutton is resigning from the government, becoming the fourth Cabinet minister to do so in as many days. The news came as Gordon Brown began his much-anticipated reshuffle in Downing Street. politics.co.uk understands Mr Hutton wanted to leave the government but did not want to destabilise the prime minister. His resignation… Read more »

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Pound slumps on political chaos
Government turmoil hits the pound

By politics.co.uk staff Rumours that the prime minister might be quitting sent the pound tumbling against the dollar and the euro this morning. The pound was heading for its biggest weekly decline against the dollar since April, a clear reaction to the current uncertainty in the government. Against the dollar, the pound slid to a… Read more »