Headlines
UK's Reeves seeks growth boost from improving EU and US relations
Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
Quick Summary
UK finance minister Rachel Reeves plans to boost the economy by improving relations with the EU and US, focusing on trade and growth.
UK's Finance Minister Aims to Strengthen Ties with EU and US for 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)
Key Takeaways
- •Rachel Reeves aims to boost the UK economy.
- •Strengthening ties with the EU is a priority.
- •The US remains a key trade partner for the UK.
- •Economic growth is linked to international relations.
- •Reeves outlines strategies for economic improvement.
Frequently Asked Questions about UK's Reeves seeks growth boost from improving EU and US relations
1What is the UK's plan for economic growth?
The UK plans to boost its economy by resetting ties with the EU and enhancing its special relationship with the US.
2Who is the UK's finance minister?
The finance minister of the UK is Rachel Reeves.
3Why is the US relationship important for the UK?
Building on the special relationship with the US is seen as a key strategy to improve the weak performance of Britain's economy.
4What does resetting EU relations entail?
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.
