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Excerpt:

The Treasury plans to rewrite Britain's tax rules to usher in a new wave of Sharia law for the country's financial system.

The one-line revelation is buried in the 212-page pre-Budget report.

It is among a string of startling details which barely merit a mention in Alistair Darling's controversial mini-Budget – prompting fresh accusations that Labour is "burying bad news".

The Government wants to tap into the fast-growing Sharia finance market, set to top £205billion a year, and turn London into the "global gateway for Islamic finance".


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