💨 Abstract

Chancellor Rachel Reeves has pledged not to return the UK to austerity measures in her upcoming second Budget. She highlighted recent economic improvements, such as wages rising faster than inflation and reduced hospital waiting lists, but acknowledged ongoing challenges like the cost-of-living crisis and economic unfairness. Reeves aims to address these issues and build a fairer, stronger Britain. The Budget is expected to include measures to tackle the cost-of-living crisis and may involve tax increases.

Courtesy: metro.co.uk