New UK First Woman Chancellor, Finance Minister Vows To Improve Economy
New Finance Minister of the United Kingdom, Rachel Reeves, vowed on Monday to immediately “fix the foundations” of Britain’s economy, fuelled by onshore wind power and house building, after her Labour Party won power. In her first major speech since being appointed the UK’s first woman Chancellor by new Prime Minister Keir Starmer, Reeves said there was “no time to waste” on reversing “the legacy of fourteen years of chaos and economic irresponsibility” under the Conservative rule. Reeves, 45, takes over as Chancellor with Britain’s economy recently out of recession, the country’s inflation rate back to normal levels and as…
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