UK FINANCE MINISTER RACHEL REEVES WILL HOLD FIRST BUDGET ON OCT. 30
NEWS Desk Global

British finance minister Rachel Reeves told parliament on Monday that she would hold her first annual budget on Oct. 30, after the Labour Party won a decisive election victory on July 4.
The budget will set out new tax and spending plans and a fresh set of fiscal and economic forecasts from the independent Office for Budget Responsibility, as well as revised bond issuance targets from the UK Debt Management Office. Britain's last budget was on March 6 under Conservative finance minister Jeremy Hunt.
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