Work and Pensions Secretary Iain Duncan Smith
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Government 'not counting on 4G auction money' - Duncan Smith

The government was not relying on receiving the full amount of the predicted £3.5bn windfall from the 4G licence auction, according to the work and pensions secretary.

Iain Duncan Smith told BBC News that the £2.34bn raised was welcome and dismissed the idea that there would be a shortfall in government funds.

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