UK accused of abandoning world’s poor as aid turned into ‘colonial’ investment

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Rebrand of Foreign Office’s development arm, seen as effort to rival China’s loans, will shift aid to private sector, warn NGOs and unions

In the letter, also sent this week to Diana Layfield, the new chair of the CDC, the NGOs and unions warn that increased funding for BII will “almost certainly lead to catastrophic cuts to other, grant-based areas of aid spending”.

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