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The British Labor government is on Wednesday, Finance Minister Rachel Reeves and Taxing Plans and National Economic Worldview and National Economic Worldview in Britain
Reeves are expected to have a budget deficiency for reducing billions of pounds expenditures, a budget deficiency resulting from the first financial plan since the last autumn.
The Minister of Finance promised to glue itself in the “fall budget” in October in October: to ensure that daily expenditures are covered by tax revenues and the public debt falls as a share of economic access in 2029-30.
Finance Minister of the United Kingdom The expression of springIt will be submitted on parliament on 12.30, London Time, budget liability (OBR) will be delivered together with the latest economic forecasts of the country’s independent state finance.
Ibr reported to be expected The UK forecasts growth for 2025 and reduce its previous 2% estimates, showing high pressure to the government’s debt requirements forces Reives to reduce £ 10 billion ($ 12.96 billion).
A ‘a changing world’
Due to the initial budget on October last year, reeves, increasing the rules of financial rules to reduce public expenditures, increase taxes or increase financial rules, the “Finance title” has been deleted within the original budget of analysts.
England also faces the performance of a temporary rise in inflation, According to the Bank of Englandtogether with Economic slowdown continues in recent months.
Reveves, the last budget statement, since US President Donald Trump’s trading tariffs, the hood is expected to be amended for economic backgrounds since the date of inflation and inflation.
Treasury, “Safety and National Renewal” in Reevents “Security and National Renewal”, “Safety and National Renewal”, “Safety and National Renewal” will be prepared to protect and protect our country.
Reveves also said that we must progress quickly in the changing world, and 2.5% of £ 2.2 billion ($ 2.6 billion) next year, 2.5% of $ 2.5% ($ 2.6 billion) was preparing to open an important step to spend 2.5% of the organization.
British Prime Minister Keir Starmer, England, October 28, 2024, the announcements on the first budget of the first budget of the new London in London, Britain’s Chancellor. Starmer and Reeves meet Wednesday before the budget.
WPA pool | Getty Images News | Getty pictures
Reeves’s statement, “Emily Nicol and Edward Maling” Emily Nicol and Edward Maling “in Daiwa Capital Markets are expected to apply to the erosion of the financial title.
“During the October’s budget announcement, the OBR forecasted a budget surplus of the government’s” headquarters “and 10 billion pounds to pay an obligatory ointment of a bilateral budget to this date.
“It was recently lower than the expectation of OBR – and the overlap of the OBR’s overlapping tax revenues for 2025 and the overlap of tax revenues can be used due to the truly accurate cyclic weakness.”
However, economists “” Boarding “was established by the OBR, which was established by the OBRA, which was established by the OBR, it would be established by the OBR.
Costs Ahead
The erosion of the financial title of the Treasury has briefed economists and analysts to the extensive bank and analysts on the Revees that declared billions of pounds on Friday.
The government has already noted plans The welfare costs worth £ 5 billion are reducedIt is also 15% to reduce the administrative cost of civil service and 15% to 2030.
“The summer statement will see that the debts required for higher interest payments over the next two years will increase.
“This savings will most likely be prosperous on the expenditures and public sector and in 2027, to be postponed until the second half of the parliament and since 2027.
Rachel Reeves, the Minister of Finance of the Minister of Finance talking from the Squawk box outside the World Economic Forum in Davos, England, Switzerland on January 22, 2025.
Gerry Miller | CNBC
Geopolitical consultant TENEO’s analysts rose to £ 40 billion to finance last October, 40 billion pounds to finance 40 billion pounds, ‘The next statement is likely to be cut “, adding (even limited) tax growth.”
“In October, some relief may come to employers for the increase in contributing national insurance contributions.
Treasury spokesman CNBC said on Tuesday, the treasury will not comment on the assumptions “around the predictions.”
“Chancellor, October is aimed at the wastewater to increase the likes of the budget and now increase the economic growth and expenditure review.”
Reeves have repeatedly commented that after the year after the year, the presenters would not give up financial rules or not increase taxes.
In the last fall, in the last fall, it has allowed business workers in widespread traffic jams and for the purpose of business workers, public finances in public finances, he said.
British industry leaders warned that Financial plans of the Treasury But it can take investment, jobs and growth.
Reeves are necessary to invest in “disposable” size and public services. He repeatedly stated that the number one priority that increases the growth of England and promised to not miss the financial rules or goals.
