Reeves Tackles Unemployment and Global Challenges
UK faces subdued economic outlook and high inflation.
Labour government took office in July 2024 after 10 years of Conservatives.
Government struggles to meet promised economic growth.
Reeves commits to paid employment for under-25s unemployed 18 months.
Investments in defense, transport, energy, and education.
UK impacted by conflicts in Europe/Middle East, US tariffs, and global borrowing costs.
Reeves hints at possible tax increases in autumn budget.
1 month ago