British finance minister Rachel Reeves plans to present her upcoming budget as an opportunity to reset the country's economy and boost investment. She is attending the IMF and World Bank annual meetings in Washington to discuss these plans with international partners. Reeves aims to raise around £40 billion through tax increases and limited savings in public spending. She may also propose changes to fiscal rules that restrict government borrowing. The IMF recently upgraded its growth forecast for the UK, but also highlighted the need to address rising public debt.
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Original article source: https://www.dailymail.co.uk/wires/reuters/article-13994555/UK-finance-minister-Reeves-promises-economic-reset-upcoming-budget.html
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