With the growth of the budget gap in the UK, what is the solution of Reeves?

“I said on the first day that economic growth is our national mission,” said UK Finance Minister Rachel Reeves in the United Kingdom. Her first speech at the palace house Almost a year ago.

It is rapidly advanced today, and investors remain unbalanced, slowly shake the economy, silent investment and British government debts that are approximately 100 % of GDP (GDP), according to the budget responsibility office, the government’s financial control authority.

Dar Al -Qasr’s advisor from the Rivers Treasury will be a decisive moment to show progress and refer to the next steps that will be taken to restore to the British economy.

Investors will search for stability and any evidence in the speech on how to fill the Reeves and the Treasury Treasury with a possible black hole when they approach the autumn budget, when plans are set for taxes and spending 2026.

This year’s speech will be more interesting than most of them, according to George Backer, the UK’s chief economist in Nomura.

“I think that because of what is going on in public financing and financial space, there will be a lot of attention to what Ms. Reeves says. If you look back through the preachers of the previous palace, many of them were talking about things like financial organization, competition, and destroying the financing sector,” he said. “

“If you get a lot, there may be much attention from the markets. But any proposal to what may happen in the coming budget in the fall, any discussion of the financial policy will be at the top of the agenda, and we will see this closely.”

There are some main areas that will be in focus.

Reeves is expected to announce a comprehensive reform of the pension system, focusing on the adequacy of pension savings.

Retired pensions have become a local issue for the work government since its victory in the elections last summer, as the increasing costs have become a traction in financial affairs in the United Kingdom. OBR expects to cost the state pension more in the future, as it rises to 7.7 % of GDP by the early 1970s.

This is due to the advanced population and what is called colloquially as “The Triple Lock”, where the state pension rises every year in line with inflation, increased wages or 2.5 % – whichever is higher.

But the government said it is committed to the triple lock during this parliament, which means that savings will need to come from another place.

“There are a lot of retirees who will be very annoying if the triple lock is abandoned. I think it is very important to do a lot about it at the present time, the government also said that they will not raise taxes on working workers, so they really set some taxes that they cannot do, they cannot do any taxes.

Many in London fear that Reeves will try to fill a growing hole in its financial plans by increasing taxes on the financial services sector, such as the increase in bank tax, or the wealthy individuals.

“I think the wealth tax is somewhat charged politically. It is something that can collect a lot of money, but … there is a risk that people will drive out of the country, and the passage of brains, if it is permissible to speak, and this is something they will not want to do,” said Buckley.

The Treasury also plans to reduce the red tape and stimulate growth by canceling parts of major managers and the ratification system, which covers approximately 140,000 financial professionals.

Meanwhile, the advisor was said to have raised any immediate plans to make changes to individual or ISA savings accounts, after strong opposition construction societies and consumer youth.

All this comes amid increasing pressure on the advisor to support confidence in its strategy, after a series of spinning on luxury and paying fuel in the winter.