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UK’s finance minister sets out new economic approach to finance bosses
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LONDON (Reuters) – Britain’s finance minister Kwasi Kwarteng said on Wednesday he had set out the new Prime Minister Liz Truss’s “pro-growth economic approach” to finance heads in the City of London.
LONDON (Reuters) – Britain’s finance minister Kwasi Kwarteng said on Wednesday he had set out the new Prime Minister Liz Truss’s “pro-growth economic approach” to finance heads in the City of London.
“I set out Prime Minister @trussliz’s new, pro-growth economic approach, including immediate support for families and businesses to tackle the cost of living and a commitment to fiscal sustainability,” Kwarteng said on Twitter.
(Reporting by William James, writing by Muvija M, Editing by Paul Sandle)
Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
A pro-growth economic approach focuses on policies that promote economic expansion, job creation, and increased productivity.
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