UK Chancellor Reeves says she's confident that the plan to grow the economy is the right one
Newsquawk Staff ·
- Adds that she's seeing US Commerce Secretary Lutnick later today.
- Says it's not in Britain's interest to not engage with China.
- Doesn't think they need to do more on tax.
What it means
Chancellor Reeves’ comments signal a commitment to economic engagement and growth strategies, particularly in the context of international relations with countries like China. This reflects a potentially stable policy environment which may support market confidence, particularly if trade relations improve. Traders should watch for any developments from her meeting with US officials that could influence UK-US economic ties and overall geopolitical sentiment.
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