LONDON (Reuters) -British finance minister Rachel Reeves said on Tuesday Britain had faced increasing challenges since her first budget last year, as questions grow over which taxes she'll raise to
UK Finance Minister Reeves Highlights Growing Economic Challenges
Economic Challenges Since Last Budget
LONDON (Reuters) -Finance minister Rachel Reeves said on Tuesday Britain had faced increasing challenges since her first budget last year, as questions grow over which taxes she will raise to keep her budget on track.
Impact of Tariffs on Investments
"Since that budget, the world has thrown even more challenges our way," Reeves said in a pre-budget speech.
Inflation and Growth Concerns
She said these challenges included the continual threats of tariffs which, she said, deterred investments and dampened growth. She also said inflation had been too slow to fall and global borrowing costs had risen.
(Reporting by Sarah Young, writing by Sam Tabahriti, editing by Kate Holton)
