U.K. Chancellor Rachel Reeves cited the Russia-Ukraine conflict, the tensions in the Middle East, and the impact of global trade barriers as key challenges.

Labour had pledged in its 2024 election manifesto that it would not raise raise taxes on working people

Rachel Reeves, U.K. finance minister, discusses budget priorities, fiscal discipline and economic challenges amid global volatility in a conversation with CNBC’s Karen Tso.

U.K. Chancellor Rachel Reeves cited the Russia-Ukraine conflict, the tensions in the Middle East, and the impact of global trade barriers as key challenges.

Rachel Reeves made the comments about the 2020 deal at a key meeting of the world's leading finance ministers and central bankers.