Reeves Bets Britain Will Learn to Love Decade-Defining Budget

  • Chancellor due to reveal tax hikes, extra borrowing plans
  • Reeves aims to set up Labour election win in five years’ time
WATCH: Reeves said she’ll change the fiscal rules underpinning spending plans in order to boost government investment. Lizzy Burden reports.Source: Bloomberg
Lock
This article is for subscribers only.

Rachel Reeves drew cheers from investors at a British Embassy reception in Washington this week when she pointed out the budget she’ll deliver on Oct. 30 will be the first by a female Chancellor of the Exchequer in the 800-year history of the role. It will also be a legacy-making moment that shapes British politics for the rest of the decade.

Listen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen.