Posted By Global Banking and Finance Review
Posted on March 26, 2025
LONDON (Reuters) - British finance minister Rachel Reeves announced her budget update to parliament on Wednesday.
Below are the quotes on the key issues:
REEVES ON GLOBAL UNCERTAINTY
"The global economy has become more uncertain."
"The increased global uncertainty has had two consequences. First, on our public finances. And second, on the economy."
REEVES ON FISCAL RULES
"These fiscal rules are non-negotiable. They are the embodiment of this government’s unwavering commitment to bring stability to our economy."
(Reporting by UK bureau)