Reeves Says ‘Not Serious’ to Suggest UK May Need IMF Bailout
Chancellor Rachel Reeves dismissed the suggestion that the UK may need an IMF bailout, labeling it as "not serious" and "irresponsible." The comments were in response to the opposition Conservative Party's claims that the UK could face such a scenario. Reeves asserted that the UK's economic fundamentals remain strong, and the government is committed to addressing the current challenges through prudent fiscal policies. She emphasized the importance of maintaining stability and confidence in the country's financial system. The Chancellor reiterated the government's focus on fostering economic growth, tackling inflation, and supporting households and businesses during this period of uncertainty. Reeves dismissed the opposition's claims as politically motivated and emphasized the government's determination to navigate the economic landscape effectively.
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