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UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election

Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s finances, as she prepares to deliver a major speech to Parliament that is widely expected to lay the groundwork for higher taxes By DANICA KIRKA Associated Press July 29, 2024, 12:05 AM ET • 4 min read …

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UK finance chief Reeves pledges most ‘pro-business’ government

Chancellor Rachel Reeves gives a speech at the Treasury on July 8, 2024 in London, England. Pool | Getty Images News | Getty Images “This is going to be the most pro-growth, pro-business Treasury that this country has ever seen,” Reeves told CNBC’s Steve Sedgwick via remote interview. “I will work with business to make …

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State police warned Secret Service about Trump shooter, Pennsylvania chief says • Alabama Reflector

WASHINGTON — Pennsylvania’s top police officer faced questions Tuesday from lawmakers who wanted details on how the U.S. Secret Service and state and local law enforcement communicated when a gunman attempted to assassinate former President Donald Trump, killed one rallygoer and injured two others in Butler, Pennsylvania. Lawmakers were aghast to learn state police relayed …

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Bank of France Chief Warns Next Government Not to Widen Deficit

(Bloomberg) — France cannot afford to keep increasing its deficit or burden its companies with more taxes and costs, Bank of France Governor François Villeroy de Galhau warned as political parties jostle to form the country’s next government. Most Read from Bloomberg Snap legislative elections have returned a hung parliament with no group in a …

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Britain’s Treasury chief says stimulating economic growth is the new Labour government’s mission

LONDON (AP) — Britain’s new Labour government will make stimulating economic growth its mission while limiting bureaucracy to make it easier to invest in the country, the Treasury chief said Monday. In her first major speech, Rachel Reeves said there was no time to waste to reverse what she called “14 years of chaos and …

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Continue Reading... Britain’s Treasury chief says stimulating economic growth is the new Labour government’s mission