US EditionUK's Reeves says economy is turning a corner but public restless
- The UK’s Reeves stated that the economy is showing signs of improvement but citizens are growing restless.
- Reeves acknowledged that no country is growing at the desired rate, leading to challenges in living standards.
- Reeves mentioned the need to address energy affordability for intensive energy-using businesses.
- Plans to tackle energy costs will be revealed in the forthcoming industrial strategy.
7 Articles
7 Articles
UK's Reeves says economy is turning a corner but public restless
More upbeat business surveys and strong first-quarter GDP show the British economy is recovering from a weak end to 2024, but the public remain restless about slow improvements to living standards, finance minister Rachel Reeves said on Thursday.
Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn
Chancellor had anticipated surpluses from final salary schemes would boost investment in UK economy Plans to invest £160bn of surplus funds from final salary pension schemes to boost the UK economy over the next 10 years have been dealt a blow by a Whitehall assessment that found there was likely to be little more than £11bn available to spend. In a knock to Rachel Reeves’s growth agenda, a report by civil servants at the Department for Work and…
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