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The Guardian - UK
The Guardian - UK
Politics
Pippa Crerar, Jessica Elgot and Severin Carrell

Rachel Reeves pledges to ‘fix foundations’ of UK economy with growth plan

Smiling Rachel Reeves holding red folder
Rachel Reeves arrives for a cabinet meeting at 10 Downing Street on 6 July. Photograph: Paul Ellis/AFP/Getty Images

Rachel Reeves has pledged to “fix the foundations” of the British economy, revealing an immediate plan to boost growth by unblocking infrastructure and private investment in her first speech as chancellor.

In an address to business leaders, she will say that economic growth for all parts of the country is “a national mission” and that she will take tough decisions to deliver on the new government’s mandate.

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