Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
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UK finance minister Rachel Reeves plans to boost the economy by improving relations with the EU and US, focusing on trade and growth.
EYNSHAM, England (Reuters) - Britain will boost its economy by resetting its ties with the European Union and building on its special relationship with the United States, finance minister Rachel Reeves said on Wednesday.
"That means building on our special relationship with the United States," Reeves said in a speech outlining how she intends to improve the weak performance of Britain's economy.
"Acting in our national interest also means resetting our relationship with the EU, our nearest and our largest trading partner, to drive growth and support business."
(Reporting by Andrew MacAskill, Writing by Andy Bruce; Editing by Sachin Ravikumar)
The UK plans to boost its economy by resetting ties with the EU and enhancing its special relationship with the US.
The finance minister of the UK is Rachel Reeves.
Building on the special relationship with the US is seen as a key strategy to improve the weak performance of Britain's economy.
Resetting the relationship with the EU aims to drive growth and support business, as the EU is the UK's nearest and largest trading partner.
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