United Kingdom Prime Minister Keir Strmer and Finance Minister Rachel Reeves met with business leaders on Tuesday, seeking to convey the message that the ministers had been instructed to reorient attention to economic growth in each important decision.
Strmer and Reeves held a meeting in London’s historic financial center with a series of important executives, the government said.
At the meeting, Stmerr said the government’s “growth mission” was the driving force behind decisions when he announced plans to allow the surplus of corporate pensions that are worth more than £ 100 billion ($ 124 billion) to be released and Reincoated, said Downing Street.
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“Growth is the number one priority of this government, economic growth and wealth creation,” Stmerer said after the meeting.
Reeves will make an important speech on Wednesday, in which he will outline his plans to boost the British economy.
The speech will be closely followed after an increase in global loans this month has shown how tight British public finances are. This has led to the speculation that Reeves may need to cut spending or increase taxes to maintain their loan limitation rules.
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Reeves and Starmer promised to voters before the July election last year that they would turn the United Kingdom into the G7 economy with the highest growth.
However, since the Labor Party took power, the economy has lost strength, with many employers blaming Reeves’s first budget plan, which included an increase in the tax burden on companies.