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Reuters
Reuters
Business
By David Lawder

UK minister reassures Washington on restored stability, fiscal plans

FILE PHOTO: Director of the Number 10 Policy Unit Andrew Griffith is seen walking in Downing Street in London, Britain, February 4, 2022. REUTERS/Henry Nicholls

Britain's financial services minister sought to reassure U.S. counterparts on Wednesday that the UK's bout of debt market instability last fall was a one-time event and it has returned to stable government and remains a solid partner for Washington and Wall Street.

Andrew Griffith, Britain's economic secretary to the Treasury, told Reuters in an interview that Prime Minister Rishi Sunak's economic plan was lending confidence to financial markets that Britain can withstand a difficult economic environment ahead.

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