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UK FINANCE MINISTER REEVES READIES HIGHER TAXES AND INVESTMENT IN DEBUT BUDGET

  • NEWS Desk Global
  • Oct 25, 2024
  • 1 min read



British finance minister Rachel Reeves will seek to shift the world's sixth-biggest economy, and Prime Minister Keir Starmer's government, onto a new course next week with big increases in public spending and tax.

The Labour Party's first budget in 14 years will end months of speculation about how much Reeves and Starmer will borrow for infrastructure investment and how hard they will hit taxpayers.

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