London, March 26, 2025 (AFP) - UK set to cut public spending by billions of pounds

NAMPA / AFP

2025-03-26

Britain's finance minister Rachel Reeves is set to detail billions of pounds of spending cuts in her Spring Statement on Wednesday to address the country's ailing public finances. The spending update comes as the Labour government, elected in July after a landslide election win, faces sluggish economic growth and rising borrowing costs. In a glimmer of good news, Britain's annual inflation rate eased to 2.8 percent in February, down from 3.0 perc......

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Law & Politics

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WINDHOEK, 27 March 2025 - President of the Popular Democratic Movement, McHenry Venaani speaking after the tabling of the 2025/26 National Budget on Thursday. (Photo: Justina Shuumbwa) NAMPA

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