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Rachel Reeves

UK Government to Cut Expenses by 15 Percent Over Four Years

UK Government to Cut Expenses by 15 Percent Over Four Years

2 MIN READ

The British state's running expenses are to be reduced by 15 percent over four years, according to the country's Finance Minister Rachel Reeves. The announcement is made in a BBC interview ahead of a spring budget speech on Wednesday, where Reeves is expected to present more details on the budget cuts

British Minister: Budget Rules Remain Unchanged

British Minister: Budget Rules Remain Unchanged

2 MIN READ

Britain's Finance Minister Rachel Reeves is on a charm offensive in China. Regarding the economic anxiety at home, she says that the main lines of the state budget from last autumn are "non-negotiable"

British interest rates soar – “nightmare”

British interest rates soar – “nightmare”

1 MIN READ

The British long-term interest rates are at the highest levels since 2018. At the same time, the pound has fallen to its lowest level against the dollar in 14 months

Despite Brexit: Brits back in Brussels

Despite Brexit: Brits back in Brussels

1 MIN READ

Wealthy individuals taxed in sharp British budget

Wealthy individuals taxed in sharp British budget

1 MIN READ

Amazon Invests Billions in the UK

Amazon Invests Billions in the UK

1 MIN READ

"Black Hole" Forces Brits to Save

"Black Hole" Forces Brits to Save

1 MIN READ

The UK's new Finance Minister Rachel Reeves warns that tough decisions are required to reduce public expenditure and increase taxes.

Starmer's finance minister is the first woman in the post

Starmer's finance minister is the first woman in the post

Britain's new Prime Minister Keir Starmer has made a rapid start to the job by presenting a range of ministers in the new Labour government. The country is getting its first female Finance Minister in Rachel Reeves

Sad pub statistics: So many are closing down every day

Sad pub statistics: So many are closing down every day

The pub death is spreading, one of several depressing economic signals ahead of the British election. In England and Wales, 80 pubs are now closing down for good every month