Britain’s new finance minister, Rachel Reeves, will accuse the former Conservative government on Monday of committing to billions of pounds of spending that has not been properly budgeted for. Elected to run the world’s sixth-largest economy in a landslide victory on July 4, Labour has spent much of its first three weeks in power telling
Britain’s new finance minister Rachel Reeves will pledge on Monday to take “difficult decisions” to drive economic growth, including swift changes to unblock infrastructure and private investment, in her first major speech since Labour won power last week. “Last week, the British people voted for change. And over the past 72 hours I have begun
Rachel Reeves, a former child chess champion and Bank of England economist, is on Friday expected to become Britain’s first female finance minister. With Labour predicted to win by a landslide, Reeves will step up to the role of chancellor of the exchequer, having been the party’s finance spokesperson in opposition. Her party has put