Budget Will Be Economic ‘Reset,’ Says Chancellor

Published on October 24, 2024

The Labour government’s first Budget on Oct. 30 will be a “reset for our economy,” Chancellor of the Exchequer Rachel Reeves has said. Reeves made the comments on Wednesday ahead of talks with finance ministers from around the world at the International Monetary Fund (IMF) meeting in Washington. The chancellor said: “A Britain built on the rock of economic stability is a Britain that is a strong and credible international partner. “I’ll be in Washington to tell the world that our upcoming Budget will be a reset for our economy as we invest in the foundations of future growth. “It’s from this solid base that we will be able to best represent British interests and show leadership on the major issues like the conflicts in the Middle East and Ukraine.”...