Finance
UK finance minister wants lower taxes, less regulation
Published by Global Banking and Finance Review
Posted on January 22, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 22, 2025
1 min readLast updated: January 27, 2026
UK finance minister Rachel Reeves aims for lower taxes and less regulation, stating the country's finances are stable post-October budget.
DAVOS, Switzerland (Reuters) - British finance minister Rachel Reeves said the country's finances were now in order following her October budget, and her future instincts were for lower taxes and less regulation.
"Now we have wiped the slate clean," she said of the October budget on Wednesday on the sidelines of the World Economic Forum's annual meeting in Davos, Switzerland.
"My instinct is to have lower taxes, less regulation, make it easier for businesses to do business."
(Reporting by Muvija M, writing by Sarah Young, editing by Paul Sandle)
The main topic is UK finance minister Rachel Reeves' plan for lower taxes and less regulation following the October budget.
Rachel Reeves announced her intention to lower taxes and reduce regulation to facilitate business operations.
The announcement was made at the World Economic Forum's annual meeting in Davos, Switzerland.
Explore more articles in the Finance category
