Chancellor of the Exchequer Rachel Reeves has adopted a stricter stance on public sector pay increases, emphasizing that above-inflation raises will only be granted if they can be supported by productivity gains. This shift aims to reassure financial markets of the government's commitment to prudent fiscal management, balancing the needs of public workers with taxpayer interests.
The UK budget has been described as containing "huge numbers" by an official watchdog, indicating significant financial implications for markets. Analysts are closely examining the potential impacts of these budgetary decisions on economic stability and market performance.
Rachel Reeves is set to unveil her first budget, aiming to "rebuild Britain" through a significant package of tax increases and additional borrowing. This historic moment is expected to shape British politics for the remainder of the decade.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
