UK Finance Minister Warns of Economic Headwinds Ahead
LONDON (Reuters) -British finance minister Rachel Reeves on Thursday said there were clearly economic headwinds approaching, speaking after data showed Britain's economy grew more strongly than expected in early 2025.
"There's clearly economic headwinds, and the world is changing. We can see that all around us, but we are a strong economy," Reeves told reporters, when asked whether growth was sustainable.
Reeves also emphasised the significance of the government's recently-announced trade agreements with the United States and India.
She said the government was "working through the detail" on the U.S. deal - a limited bilateral trade agreement that leaves in place Trump's 10% tariffs on British exports.
(Reporting by Muvija M, writing by William James; editing by Sarah Young)
