💨 Abstract

Rachel Reeves, Chancellor of the Exchequer, is set to deliver the spring statement in the House of Commons today. This second-most important economic announcement of the year will focus on finding money for the government without raising taxes or borrowing. The Chancellor is likely to make deep cuts to various government departments' budgets, as growth remains low and international trade is unpredictable.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖