Reeves: UK Can Fund Services Without New Tax Hikes

Chancellor Rachel Reeves has stated the UK is in a "strong position" to avoid raising taxes again. She argues that improving economic growth, not higher taxes, will fund public services. Her comments come after the government's first major fiscal event. Reeves defended recent decisions, including ruling out immediate wealth taxes. In a separate foreign policy matter, the Chancellor also explained the UK's response to a new trade dispute with Greenland. She stated the government will not threaten retaliation, opting for dialogue instead. Reeves emphasized that economic stability is her primary focus. She believes this approach will allow for increased investment in key areas like the National Health Service.