In a highly anticipated statement to the House of Commons, Britain's Finance Minister Rachel Reeves pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability.Britain's finance chief warned "difficult decisions" were still to come on spending, welfare and tax.
In a highly anticipated statement to the House of Commons, Reeves pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability. Reeves also said she had canceled plans to sell NatWest shares to the public, saying the proposal put forward by her predecessor Jeremy Hunt did not "represent value for money."
Reeves said she plans to hold her first annual budget on Oct. 30. in what will be the first major fiscal event of the new government.