Rachel Reeves, the chancellor of the Exchequer, cut some infrastructure funding and pensions benefits, adding that more “difficult decisions” would come later this year.
Category: Labour Party (Great Britain)
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U.K. Climate Change Committee Urges Speed in Cutting Emissions
A report by a government body that oversees efforts to reduce greenhouse gases will help underpin the Labour Party’s plans to accelerate renewable energy and other measures.
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To Revitalize Britain’s Economy, a Plan for a Stronger Government Role
The Labour Party’s economic agenda, like many other programs around the world, puts political leaders more firmly in charge of industrial policy.
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Britain Has Huge Clean Energy Ambitions, but Are They Realistic?
Analysts warn that the Labour Party’s proposals are unlikely to be cheap and could come at the cost of jobs in the oil and gas industry.
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Rachel Reeves, Britain’s First Female Chancellor, Turns to Janet Yellen for Inspiration
Rachel Reeves, who will oversee Britain’s budget, is expected to pursue an agenda influenced by Janet Yellen’s more activist approach to job-creation and investment in the United States.
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How Britain’s Economy Became So Stagnant
After more than a decade of deep budget cuts, slow growth and weak productivity, the country has struggled to overcome years of uncertainty and underinvestment.
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He Won by a Landslide. Why Is He Fighting for His Political Life?
Ben Houchen, a regional mayor in the north of England, faces a close re-election race, partly thanks to the broader troubles of Britain’s Conservative Party.
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Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
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Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
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U.K. to Cut Taxes Again as Election Nears
The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.
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NatWest C.E.O. Resigns Amid Nigel Farage’s Feud With Coutts Bank
Nigel Farage, a political insurgent and ally of Donald J. Trump, exposed his bank for dropping him over “reputational risks.” Some analysts say he could parlay his situation into a comeback.
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Glenda Jackson, Oscar-Winning Actress Turned Politician, Dies at 87
Ms. Jackson was a two-time Oscar winner who walked away from a successful acting career to become a member of the British Parliament, before then returning to the stage.