British finance minister to squeeze public spending further in Spring Statement, FT reports

(Reuters) - British finance minister Rachel Reeves is planning a new, multibillion-pound public spending squeeze in next week's Spring Statement, the Financial Times reported on Tuesday.

Reeves is looking for further cuts to fill a hole in the public finances and will trim proposed budgets for Whitehall departments later in the parliament, the report said, citing officials briefed on her plans.

($1 = 0.7693 pounds)

(Reporting by Harshita Meenaktshi in Bengaluru; Editing by Chris Reese)