New UK finance minister eyes spending cuts, accuses predecessor of budget black hole
Rachel Reeves, London. July 8, 2024. Photographer Jonathan Brady By Reuters Britain’s new finance minister, Rachel Reeves, will accuse the former Conservative government on Monday of covering up the true state of the public finances as she sets out ‘tough decisions’ on spending cuts. Elected to run the world’s sixth-largest economy in a landslide victory
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