UK's new Chancellor, Rachel Reeves, criticizes Tories for leaving economy in "worst set of circumstances since WW2" and promises pro-growth, pro-business Treasury.

Rachel Reeves, UK's new Chancellor, has criticised the Tories for leaving the country's economy in a "worst set of circumstances since the Second World War", claiming they "ran away" from tough choices. Reeves highlighted issues such as the overcrowded prison system and ongoing public sector pay disputes as evidence of her claims. She pledged to lead the "most pro-growth, pro-business Treasury in our country's history" and "a big bang on growth" to repair the economy.

July 20, 2024
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