Tag: Treasury
Posted in WP-12
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 …
Posted in WP-12
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 …