The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
Category: Reeves, Rachel (1979- )
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A Major Moment for the British Economy: What to Watch in the U.K. Budget
Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.
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Britain’s Most Unpopular Chancellor in Decades Faces Another Big Test
Rachel Reeves, who has had a bruising tenure as the country’s top economic official, is set to announce tax and spending measures that risk stoking more discontent.
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Britain Faces Up to Tough Economic Choices. Finally, Economists Say.
The central bank held interest rates steady on Thursday, a decision that came at a time when British policymakers and lawmakers are confronting economic challenges.
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Britain’s Economic Bind: Face Public Disapproval or Investor Wrath
The Labour Party is starting its second year in control of the government with difficult choices over whether to curb spending or raise taxes.
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How the UK Plans to Boost Its Economy
Rachel Reeves, the chancellor of the Exchequer, broke down public spending plans, including more money for the military, public transport and affordable housing.
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Britain Says It Will Not Rush or Alter Standards in U.S. Trade Deal
The British government is hoping to reach an agreement with the United States to soften the economic blow British businesses are facing from higher tariffs.
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UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.
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Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.
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Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.
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U.K. Boosts Military Spending and Cuts Welfare in ‘Uncertain World’
The changes come as President Trump’s tariff threats have disrupted global trade and added pressure to the British government’s already strained budget.
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In Britain, a Fight Over a Film Studio Becomes a Test for the Economy
The national government has intervened in a local planning squabble, which has become a symbol for how far it will go to use development as a way to revive the British economy.