It has been a wild January for Rachel Reeves and frankly for economics in the UK and the world.When Labour swept to victory last summer, Reeves pledged she would be an "iron" chancellor, reining in public spending and improving the lives of working people through growing the economy.
A Conservative shadow minister warned the UK could "fall further behind" on growth targets following the Chancellor's "desperate" attempts to save the economy.
Reeves' visit to China is a bold first step in the new direction — one where the UK recognizes the importance of economic cooperation for long-term growth and stability. By prioritizing renewed engagement with the world's second-largest economy, the UK stands poised to reclaim its position as a key player in a rapidly changing world order.
A major speech Wednesday promises a host of pro-growth policies to turn the UK economy around. But the hurdles in the chancellor’s way are huge.
Rachel Reeves has vowed to slash red tape and go for growth in a quest to make working people feel “better off”. In a wide-ranging speech on Wednesday, the Chancellor set out plans to overhaul the planning system, boost transport investment and encouraging trade in an effort to kickstart growth.
Starmer’s Government is re-making the age-old mistakes in China diplomacy all over again. Those who frame the debate as a choice between whether or not to engage Beijing are proposing a false dichotomy. It is not about whether to talk or trade with China, but how? On whose terms, with what criteria, on what conditions and with what objectives?
Rachel Reeves has been urged to turn to seized cryptocurrency in an attempt to address the much lamented £22bn black hole in the nation’s finances.
A darker and little-reported backdrop to Chancellor Rachel Reeves’s visit to China last week raises questions of where we should be placing our priorities and bets to boost the UK’s economic growth.
Rachel Reeves, the Chancellor of the Labour Party government, has announced that reforms to health and disability benefits will be unveiled before the end of March. In a speech, Ms Reeves highlighted the necessity of addressing long-ignored issues, such as the escalating costs associated with health and disability benefits.
As UK economics editor, my life for the last week has felt a lot like surrealist movie Being John Malkovich — but with Rachel Reeves in the central role.
Heathrow’s expansion plans have been rumbling for 10 years but the pressure has now risen for climate campaigners. View on euronews
To tee-up this speech, the Treasury aimed for a “drumbeat of momentum” with daily growth-related announcements across a range of topics including stripping back environmental regulations, housebuilding, pensions reform and the creation of an Oxford-Cambridge Growth Corridor.