"Difficult Decisions" For UK? New Finance Minister Rachel Reeves Makes First Speech On National Plan

Rachel Reeves, Britain's new finance minister, sets out plans to unlock infrastructure projects and private investment under a new "national mission" to drive economic growth after her Labour Party's landslide election victory. In her first major speech, Reeves and Prime Minister Keir Starmer show they are moving quickly to tackle deep-seated problems and reignite growth in the G7 economy.
Reeves states, “The British people voted for change. Over the last 72 hours, I have begun the work necessary to deliver on that mandate. Our manifesto is clear. Sustained economic growth is the only route to improved prosperity and better living standards for working people." Reeves, the first female finance minister and a former Bank of England economist, pledges to build more houses and speed up planning approval for infrastructure projects.
However, they face challenges: living standards have stagnated since 2010, public debt is almost 100% of national economic output, and taxes as a share of GDP are set to rise to the highest level since just after World War Two. They also need to regain the confidence of international investors, many of whom were deterred by the political instability following the 2016 Brexit vote and the five prime ministers in eight years that followed.
#uk #uknews #labourparty #worldnews
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[@melvynevason7981]

There's plenty of new homes for sale now, BUT NO ONE CAN AFFORD THEM.

[@johnvaleanbaily246]

Difficult decisions. That means tax increases.

[@joprocter4573]

Strong speech however all those reasons cons didn't achieve is because all civil servants have been groomed to be just Labour

[@normankyle7831]

Couldn't fix a leaking tap. Pinnochio stammer at it already ,i wont work sundays if elected. Ffs didn't last long 1st sunday in job working, must have spent TWA much taxpayers money.

[@BinanceUSD]

You get the government you voted for.

[@leonardmeredith3630]

Weve heard it all before .. boring !!

[@AntoinetteHewer-xe3oh]

Yes REFORM is who I back

[@NUCLEAR154]

She is SO OUT OF HER DEPTH😅😅😅😅😅Sadly to the cost of our lives😮😢

[@havebadday7850]

Good thing I left the UK

[@angelaknight7184]

You need to keep the food banks too

[@angelaknight7184]

London,needs homes badly

[@hassankhan7542]

In my opinion there will be no ecnomic growth unless we stop proxy wars. War cost lot and nill outcome. We are buying same oil gas from Russia but via India. This is boosting Indian economy and UK is paying astranomical price for oil and gas. This way Russia and India is getting more richer and people in UK are suffering. Councils are bankrupting because CEO and head of the departments are receiving astranomical bonuses and saliries in 6 figures.

[@angelaknight7184]

You need to sort out the water too ,before the next high water bill comes in

[@angelaknight7184]

And pick on the sick people

[@angelaknight7184]

I’m not down sizing Thankyou

[@joprocter4573]

No good relying on private sector council tenants can't afford those rents

[@martinfloyd6891]

The hand wringing starts, and so the excuses that we can't really do what we promised.

[@angelaknight7184]

I’m not so sure now

[@arikhanaalffie]

The difficult decision is to increase the TAX, Ribin hood government.

[@angelaknight7184]

So you keep saying about the last government

[@angelaknight7184]

10 brownie points ,I don’t think so

[@johnwarren9112]

Everything is to expensive 🤑

[@angelaknight7184]

I didn’t vote you or the tories

[@kencoorjee3552]

Rejoin the EU .all problems will be fixed

[@Cronicjack]

The economy could not grow because your government almost bankrupt Britain and now your going to implement more austerity

[@joprocter4573]

Give mortgages to those in steady employment. Why would anyone want to own own home for when ill health or retirement or unemployment HOUSING HELP ONLY MEANS HELP for permanent reliance ppl that those who got of ass n put in to improve own life's actually gets punished by no help

[@susanthompson5381]

Rachel will make a great chancellor our First Lady how cool is that and best ever party Labour

[@AntoinetteHewer-xe3oh]

Here we GO another Khan like TAX stealth TAX going in income and council not just road tax or ulez and don’t forget Pay Per Mile in Labours Government we will be our recession four years of captivity 😂

[@angelaknight7184]

Please don’t encourage her

[@user-hi5px9fp7s]

witch 2

[@stephenhaw8048]

You've already failed.

[@audreyroche9490]

Housing lol when Britain overcrowded not enough hospitals doctors dentist schools colleges unis wouldn't it be more important building hospitals schools for over crowded Britain before more house's lol mean why are building more house's when u own nothing be happy already long wait in hospitals show are labour building house's for with no extra hospitals doctors schools so on

[@audreyroche9490]

Why Britain need more house's got aling waiting least ij hospitals not enough places in prisons who house's for when have no extra schools hospitals should be maintained concern and crime lol are labour building more homes for early realise off convicts since not enough spaces in prisons think people be more happy and safe seeing something done about crime and more prisons been built lol no idea why government building more homes help it make sense people can't afford buy shopping more knives crimes open boarders want more homes for who elites