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International Business Times
International Business Times
World
Peter HUTCHISON with Helen ROWE in London

UK's Labour Looks To Be More Cheerful Despite Gifts And Welfare Row

Reeves's speech will be closely watched by investors amid fears of tax hikes (Credit: AFP)

Britain's governing Labour party on Monday sought to strike a more upbeat note about the country's future but against a furious backlash from unions at proposed cuts to welfare payments and a row over top ministers receiving gifts.

Finance minister Rachel Reeves addresses the centre-left party's annual conference in a keynote speech from 1100 GMT, as ministers try to prevent the row over "freebies" from escalating.

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