Rachel Reeves, the UK’s first female Chancellor of the Exchequer

UK Prime Minister Keir Starmer announced a new appointment on Friday. Specifically, it was announced that Rachel Reeves appointed new finance ministerThis is a position that no woman has ever held.

Regarding his new position, Reeves, 45, highlighted social media. “It’s the honor of my life”It has also been classified as a “national mission” to achieve economic growth.

Improving the status of workers

One of Rachel Reeves’ first goals New Minister of Finance It is to improve the condition of workers in the country. “I know the responsibility that comes with it and I am ready to make the change. He pointed out that our economy needs to improve the situation of workers across the country.

The new UK chancellor was first elected as a member of Parliament in 2010, having worked for six years as an economist at the Bank of England after graduating from university and then a further four years at a banking and insurance company.

During his years as economic leader of the opposition, Reeves championed The importance of providing stability to the UK economyafter a series of economic turmoil following Brexit, and they have gone so far as to call their economic agenda “financial economics.”

Speaking to the BBC, the new UK finance minister acknowledged the scale of the challenge she had inherited, and warned that “There is not a large amount of money”So the government should try to unleash private sector investment and reform the planning, pension and welfare system to enable young people to succeed.

Likewise, Reeves highlighted that “Historical responsibility” To be the first woman to hold the position of Head of the British Treasury, adding that her appointment teaches all girls and women that there are no limits to their ambitions.

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A new era in the UK

Last Thursday, July 4, saw the historic disaster that befell the Conservative Party. Rishi SunakWhich achieved the worst results since its establishment in 1834. The British electoral system, which prioritizes the useful vote, caused this, although among the votes of the Conservatives, Liberal Democrats and Nationalists Nigel Farage With a mathematical majority, the entire map of the United Kingdom of Great Britain and Northern Ireland would be painted Labour red. A new era is coming, with tax increases to support the promised $7 billion housing plan.

With the official count well underway and Labour just short of a formal mathematical majority, Rishi Sunak conceded defeat after calling Starmer to congratulate him. Not even in front of Tony Blair The Conservatives’ presence in the House of Commons has declined to such a meager level that they have also suffered from the rise of the Liberal Democrats and nationalists in the UK. Nigel Farage.

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