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The new chancellor will speak to business leaders at the Treasury later to set out Labour's plan for the economy.
Britain's finance minister Rachel Reeves said on Monday she had begun the task of unblocking infrastructure projects and private investment as part of a new "national mission" to drive economic growth after her Labour Party's landslide election victory.
New chancellor says she will make statement to MPs before summer recess about financial situation as she says UK economy has been ‘held back’
Rachel Reeves has announced that she will bring back compulsory housebuilding targets as part of a wide ranging plan to reboot the UK economy. In her first speech as chancellor, she also said she would overhaul planning restrictions and end the effective ban on onshore wind farms in England in order to speed up national infrastructure projects.
Britain's finance minister Rachel Reeves will set out plans on Monday to unblock infrastructure projects and private investment under a new "national mission" to drive economic growth after her Labour Party's landslide election victory last week.
London borough chiefs told Chancellor Rachel Reeves that they are “shovels in hand’ to help with a house-building boom in Britain. The new Labour government has pledged to build 1.5 million new homes in the next five years.
New UK finance minister Rachel Reeves vowed Monday to immediately "fix the foundations" of Britain's economy, fuelled by onshore wind power and house building, after her Labour party won power.
Britain's new finance minister Rachel Reeves will pledge on Monday to take "difficult decisions" to drive economic growth, including swift changes to unblock infrastructure and private investment, in her first major speech since Labour won power last week.
Rachel Reeves used her first major speech as Chancellor to send a clear message to Britain’s Nimbys: start quaking in your boots.
Britain’s first female chancellor will promise to ‘fix the foundations’ of the economy in her first speech in the role
Chancellor of the exchequer Rachel Reeves has expressed her pride after being announced as the first-ever woman to hold the position. Ms Reeves said that becoming Britain's first female chancellor feels like “smashing one of the last glass ceilings in politics”.