Reeves Signals UK Investment Move With Pledge for Ambition

  • Chancellor addresses Labour Party conference in Liverpool
  • Reeves has faced criticism over gloomy economic warnings
Rachel Reeves in Liverpool, on Sept. 23.Photographer: Hollie Adams/Bloomberg

Chancellor of the Exchequer Rachel Reeves hinted at plans that could unlock billions of pounds of investment in the climate transition and other government priorities as she promised to deliver a UK budget showing “real ambition.”

“This budget will be a budget for economic growth; it will be a budget for investment,” Reeves said Monday at the Labour Party’s annual conference in Liverpool on Monday. “It is time that the Treasury moved on from just counting the costs of investments, to recognizing the benefits too.”

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