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Rachel Reeves vows to fight for economic growth

Rachel Reeves, the UK's new finance minister, has pledged to prioritize economic growth in her role, emphasizing the need for stability and investment in Britain. In her first speech as Chancellor of the Exchequer, she highlighted the importance of addressing the economic challenges left by the previous Conservative government, which she described as having left the economy in a "dire state." Reeves aims to boost growth through reforms in planning laws to facilitate infrastructure projects, increase housing construction, and support the shift towards net zero emissions. She also plans to strengthen ties with the business community, promising a government that will be both pro-worker and pro-business. Her strategy includes a focus on fiscal responsibility, with a commitment to reducing the national debt relative to GDP over the next five years, and she has ruled out immediate tax cuts, focusing instead on long-term economic stability and growth.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/rachel-reeves-vows-to-fight-for-economic-growth/ar-AA1y1A68 ]